The Tata Groups' reported plans to set up a USD 300-million semiconductor manufacturing facility is likely to face some headwinds given the absence of raw materials due to the ongoing shortage
Longer waiting periods with semiconductor shortage affecting production can have a negative impact on car demand, although the supply constraints of chips have gradually improved over the last few months, according to a senior official of car market leader Maruti Suzuki India. The company currently has a pending order of around 2.5 lakh units with demand in the market continuing to be buoyant, while its production was over 80 per cent of normal in November. "The bookings show that the demand continues to be quite robust, both in terms of inquiries and the bookings, but now availability is an issue and waiting periods have gone up," Maruti Suzuki India Ltd (MSIL) Senior Executive Director (Marketing & Sales) Shashank Srivastava. He further said, "So we are a little bit afraid that the longer waiting periods will affect the demand pattern and it can have a negative impact." Depending on models and variants the waiting period can range from weeks to months in the domestic passenger ..
The Federal Trade Commission said in a statement that the acquisition would deliver Nvidia vast sway over the market by giving it control over chip designs
Industry non-committal on time frame by which production will get to normal. Total Overall passenger vehicle sales during the month declined 14% YoY to 286,000 units
The company's exports during the month also dropped 4.7 per cent year-on-year to 9909 units, it said.
Qualcomm said that more than a dozen phone makers, including Xiaomi, Sony and Honor, have signed up to use the new chips and that phones featuring it will be on the market before the end of the year
MG Motor India on Wednesday reported a 40 per cent decline in retail sales to 2,481 units in November 2021, as the production was adversely impacted by the ongoing semiconductor shortage.
The total vehicle production at both plants in Gujarat and Haryana could be 80-85 per cent of normal
Tata MF has filed an offer document with markets regulator Securities and Exchange Board of India (Sebi) to launch Tata Global Semiconductor Fund of Fund.
Tata Group is in talks with with Tamil Nadu, Karnataka and Telangana and scouting for land for the outsourced semiconductor assembly and test plant, say sources
Taiwan will set up working groups with the three countries to work out how to cooperate on chips, while Taiwan will also give scholarships for technical training
Samsung plant is projected to create 2,000 high-tech jobs, would start production in the second half of 2024.
Samsung Electronics said it has selected the city of Taylor in Texas, the US, as the site of its new $17 billion chip fabrication plant, a move to boost production amid a global chip shortage
"We are all facing a situation very unprecedented. The supply of chips and semiconductors are very uncertain and very dynamic," Gupta said.
Ford Motor Co. is in talks with a computer chip maker to shore up its semiconductor supplies and avoid a repeat of this year's auto factory shutdowns caused by semiconductor shortages.
The EU's executive arm expects that the scarcity of semiconductors will affect the region's economy
The two companies announced a non-binding agreement that could involve increasing production capacity for Ford's current lineup
US-based chip maker Qualcomm is planning to announce next-generation Arm-based chips for Windows PCs that would be able to compete with Apple's M-series processors.
Since Samsung vice chairman Kim Kinam confirmed chip plant plan in May, Samsung has been comparing incentives and working out who pays what in convoluted land and other agreements
The automaker also said with better availability of semiconductors, it hopes to maintain volume growth momentum from the third quarter onwards