TomTom N.V. reaffirmed revenue guidance for the year 2021. The company has reiterated revenue guidance, although anticipate full year revenue to come in at the low end of the range for both the group and location technology. Shortages of semiconductors continued to hamper car production volumes, which impacts Automotive revenue. For the year, The company expects group revenue of around EUR 500 million to EUR 530 million and Location Technology revenue between EUR 400 million and EUR 430 million.