Aptiv sees chip prices staying high and supplies remaining tight

Aptiv does not expect semiconductor prices to cool off in the near future.

Even though supply-chain challenges are easing, prices of certain parts remain high, denting profits, the supplier says.

The company said the “real challenge” is in obtaining chips, whose prices have risen 25 percent to 30 percent, while supply chains remain tight.

The Dublin-based company said demand for new vehicles remains strong in North America and Europe, but flagged concerns around underlying GDP…