Executives from many car companies have told them that the price of Bosch ESP chips has been priced at about 4000 yuan as a result of the epidemic in Malaysia. In the case of normal supply, the original price was only 13 yuan, an increase of 300 times. It is reported that the high-priced Bosch ESP chip is a sealed chip. After buying, the car company needs to send it to Bosch for inspection. Qualified products will be shipped back to the factory to install the vehicle. Bosch accounts for about 70% of the market share of China's automotive ESP system, while the others are Continental Group, Wandu and so on. But the chips of mainland China and Wandu also come from STMicroelectronics, so even switching suppliers will face shortage. On Sept. 8, Great Wall Motor released monthly production and sales figures for August 2020. Great Wall Motor said that due to the popularity of COVID-19 in Southeast Asia, the supply of components such as Bosch ESP has dropped sharply, which has greatly affected Great Wall Motor's production and sales. It House learned that the General Administration of Market Supervision recently fined 2.5 million yuan on three automotive chip distribution companies, Shanghai Xite Electronics Co., Ltd., Shanghai Chengsheng Industrial Co., Ltd., and Shenzhen Yuchang Technology Co., Ltd., for high prices. In the next step, the General Administration of Market Supervision will continue to pay close attention to the price order in the chip field, strengthen price monitoring, severely crack down on illegal activities, such as ho products and raising house prices, and maintain a good market order.