Page 41 - Semiconductor Industry

TSMC books 19% Q1 profit growth; says chip shortage likely last into 2022

The firm said it is doing all it can to increase productivity and alleviate a worldwide chip shortage

Ford details new production cuts due to global chip shortage: Details here

Ford said in March it expected the semiconductor shortage to cost between $1 billion and $2.5 billion

Joe Biden tells execs US needs to invest, lead in computer chips

President Joe Biden used a virtual meeting with corporate leaders about a global shortage of semiconductors to push Monday for his USD 2.3 trillion infrastructure plan, telling them that the US should be the world's computer chip leader. We need to build the infrastructure of today, not repair the one of yesterday, he told the group of 19 executives from the technology, chip and automotive industries. China and the rest of the world is not waiting and there's no reason why Americans should wait. He said the country hasn't made big investments to stay ahead of global competitors, and it needs to step up its game. Biden made an appearance at the meeting between administration officials and company leaders held to discuss developing a stronger US computer chip supply chain. The meeting came as the global chip shortage continued to plague a wide array of industries. CEOs of AT&T, Dell, Ford, General Motors, Stellantis (formerly Fiat Chrysler), Intel, Northrop Grumman, and others were

Ford to update financial impact of global chip shortage next month

Ford said, while announcing the latest North American production cuts at seven plants due to the global chip shortage, that it would provide an update on April 28 to the expected hit to 2021 profit

Hyundai Motor Company to close for a week due to semiconductor crisis

As the global automobile industry began to cut production due to the lack of automotive semiconductors, Hyundai Motor Company was also unable to avoid production disruptions

US trade war pushing China to steal technology, talent, Taiwan says

The China-US trade war is pushing Beijing to step up its efforts to steal technology and poach talent from Taiwan to boost China's semiconductor industry's self-sufficiency, Taiwan said

Japan factory output falls, hit by quake, chips shortage amid Covid worries

Japan's factory output fell in February as an earthquake and semiconductor shortage led to declines in the production of cars and electrical machinery

Japan asks Taiwan manufacturers to cooperate in production of chips

Japan has asked some Taiwanese manufacturers to cooperate in alternative production of semiconductors, industry minister Hiroshi Kajiyama said

China cuts taxes to spur semiconductor development after US sanctions

China announced tax breaks to spur growth of its semiconductor industry following US sanctions that alarmed the ruling Communist Party by cutting off access to American processor chips

Stellantis, Nissan, Nio cut more production due to chip shortage

Stellantis NV and Chinese electric vehicle maker Nio became the latest carmakers to announce new production cuts as a result of a global semiconductor chip shortage

Tesla's Chinese rival Nio suspends production on chip shortage

Top automakers such as Ford, Honda, GM and Volkswagen were caught off guard by the shortage even as auto demand picked up during the Covid-19 pandemic

Japan calls for Renesas help from equipment makers at home and overseas

Japanese government has called and emailed equipment makers in Japan and overseas to request they provide parts and machinery to help Renesas, restore chip production at its fire-damaged plant

Japan car makers scramble to assess impact of Renesas auto chip-plant fire

Toyota, Nissan, Honda and other Japanese automakers scrambled to assess production impact of a fire at a Renesas Electronics automotive chip plant that could aggravate global semiconductor shortage

Centre targets global majors for semiconductor fabrication plants

MeitY draws up list of potential players

Inflation is already creeping into some corners of the world economy

Hawks say that pockets of inflation today will turn into across-the-board price increases tomorrow, with stimulus providing the fuel

Can Vinod Dham-founded AlphaICs disrupt the AI-based chip market?

The firm operates in the mid-power segment worth $15-20 billion, and is designing a chip targeted for vision applications like surveillance, industrial automation and IoT

GM extends vehicle production cuts due to semiconductor chip shortage

The U.S. automaker did not disclose the impact on volumes or say which supplier or parts were affected by the chip shortage, but said it intends to recover as much of the lost output as possible

Want new factory to make car chips? That'll be $4 billion, please

It takes approximately $4 billion to set up a fab for the types of chips carmakers need

Resolution of semiconductor shortage may take months: Bosch India MD

In another two and a half to three years, Bosch will have 2,500 lesser associates, says MD Bhattacharya

Trump's China tech war backfires on automakers as chips run short

Automakers around the world are shutting assembly lines because of a global shortage of semiconductors that has been exacerbated by the US actions against key Chinese chip factories, officials said