Page 56 - Semiconductor
US-India defence expo in Washington to focus on securing supply chain
Senior defence officials of the US and India attended the Defence Industry Collaboration Forum Virtual Expo that focused on securing supply chains in critical sectors like the semiconductor industry,
 "US-India defence expo in Washington to focus on securing supply chain")
Chip crisis, second Covid-19 wave drag Pricol Q2 net down 64% to Rs 13 cr
The company's total income stood at Rs 390 crore during the quarter, up a marginal 1%
 "Chip crisis, second Covid-19 wave drag Pricol Q2 net down 64% to Rs 13 cr")
European automakers say magnesium shortage not a problem, for now
Part manufacturers supplying automakers with key components are heavily reliant on magnesium, which can be used by itself or combined with aluminium to reduce the weight of cars
 "European automakers say magnesium shortage not a problem, for now")
JLR expects recovery in semiconductor situation from second half of FY22
The British multinational automotive company in the meantime will continue to take steps to contain the impact of the shortage on its operations across the globe.
Honda Motor lowers profit outlook for a second time amid chip shortage
Honda Motor Co cut its full-year profit forecast as a persistent global shortage of semiconductors forces it to cut vehicle production and rising steel and material prices eat into profit margins.
 "Honda Motor lowers profit outlook for a second time amid chip shortage")
Nintendo can't fulfil Switch holiday demand, cuts forecast on chip shortage
Nintendo Co Ltd on Thursday cut its full year Switch sales forecast by 6%
 "Nintendo can't fulfil Switch holiday demand, cuts forecast on chip shortage")
China's Lenovo says global chip shortage to persist as profit jumps
The company said it was able to outgrow the market by securing more supply of components than its peers
 "China's Lenovo says global chip shortage to persist as profit jumps")
Pre-owned car sellers see brisk volume growth as chip crunch persists
The market for used cars has been outselling, trend expected to continue
'Super-committed' to the India market: Intel India MD Prakash Mallya
What will be Intel's strategy as more Indian players enter manufacturing with the PLI scheme? Prakash Mallya, Intel India's VP & MD answers this and other questions in this exclusive interview
 "'Super-committed' to the India market: Intel India MD Prakash Mallya")
Auto finance to rebound only by next fiscal mid: Cholamandalam Investment
Sees demand rising but no big bang, says multiple issues affecting disbursement growth such as second Covid wave and chip shortage
 "Auto finance to rebound only by next fiscal mid: Cholamandalam Investment")
Auto makers rework shop floor strategies amid stubborn chip shortage
Country's largest carmaker Maruti reports 33% decline in October sales
Maruti sees impact to production next month due to semiconductor shortage
Semiconductors are silicon chips that cater to control and memory functions in products ranging from automobiles, computers and cellphones to various other electronic items
 "Maruti sees impact to production next month due to semiconductor shortage")
EU opens probe into Nvidia's $40 bn acquisition of chip maker Arm
Semiconductors are everywhere in products and devices that we use everyday as well as in infrastructure such as data centres.
 "EU opens probe into Nvidia's $40 bn acquisition of chip maker Arm")
Top headlines: Chip shortage may last 2 yrs, NBFCs ready war chest for IPOs
Business Standard brings you the top headlines at this hour
 "Top headlines: Chip shortage may last 2 yrs, NBFCs ready war chest for IPOs")
Chip shortage may last up to two years, say Qualcomm and Intel
Qualcomm projects that some demand-supply equilibrium may be achieved by early 2022, but shortage in automobile sector may last longer
Chip shortage: Crisil, Ind-Ra cut growth forecast for passenger car market
Supplies unlikely to ease before end of 2022, downside risk remains; normalisation can only be envisaged by end of second half of next calendar
Government planning semiconductor design-linked incentive policy
Global majors such as Qualcomm, Intel, Mediatek, Infineon, and Texas Instruments have their research and development in India which contribute in the development of their chipsets.
 "Government planning semiconductor design-linked incentive policy")
Volvo warns chip stortage, supply-chain snarl will curtail truck production
The supply situation that's characterized by "disruptions, unpredictability and a lack of freight capacity" is delaying deliveries to customers, Volvo Chief Executive Officer Martin Lundstedt said
 "Volvo warns chip stortage, supply-chain snarl will curtail truck production")
Navratri sales: Chip shortage dents PV retails, 2-wheelers see weak demand
High acquisition cost dissuades motorcycle and scooter buyers this festive season, while carmakers have been unable to cater to the demand owing to chip shortage
 "Navratri sales: Chip shortage dents PV retails, 2-wheelers see weak demand")
Hyundai Motor aims to develop chips, cut reliance on chipmakers
A global shortage of semiconductors, triggered partly by surging demand for laptops and other electronic products during the pandemic, has shuttered some auto production lines globally this year
 "Hyundai Motor aims to develop chips, cut reliance on chipmakers")