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 has asked some Taiwanese manufacturers to cooperate in alternative production of semiconductors, industry minister Hiroshi Kajiyama said
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 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
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
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
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
MeitY draws up list of potential players
Hawks say that pockets of inflation today will turn into across-the-board price increases tomorrow, with stimulus providing the fuel
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
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
It takes approximately $4 billion to set up a fab for the types of chips carmakers need
In another two and a half to three years, Bosch will have 2,500 lesser associates, says MD Bhattacharya
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
Ford has joined Nissan, Volkswagen, Fiat Chrysler and Toyota who have curtailed production amid a global semiconductor shortage, delaying the production of some vehicles
This comes at a time when demand in world's fifth largest auto market is in the initial stage of recovery after the Coronavirus pandemic-induced lockdown earlier this year
If the current talks with the ATMP big boys fructify, it will be a major step for the country.
Such technological intervention will have lasting benefits. It will ease bottlenecks that prevent access to credit and bring SMEs within a national infrastructure programme
The acquisition is expected to help Tessolve to become the largest semiconductor engineering services player in the world
The US memory chip giant is eyeing opportunities in India to provide its technology to the government, large Indian enterprises and small and medium companies