Output at US factories increased more than expected in Jan even as a shortage of semiconductors weighed on the production of motor vehicles, pointing to resilience in the manufacturing sector recovery
Its presence abroad currently is either through exclusive stores or multi-brand outlets; It now seeks to set up CKD units in priority markets in APAC and LatAm region
Consumers have stocked up on laptops, gaming consoles and other electronic products during the pandemic, leading to tight chip supplies
The results come as chip shortages force automakers such as General Motors Co on Wednesday to cut production at multiple plants
Samsung''s operating profit of 9.05 trillion won (USD 8.13 billion) for the October-December quarter represented a 26.35 per cent increase from the same period a year before
Tata Motors on Friday said it has increased prices of its passenger vehicle (PV) range by up to Rs 20,000 to offset rising input costs and semiconductors. The company joins others like Maruti Suzuki and Mahindra & Mahindra, which have also hiked their vehicles' prices. "Rising input costs and material costs of steel, precious metals and semiconductors have compelled the company to pass on the part of the cost to customers," Tata Motors said in a regulatory filing. The company further said, "Tata Motors has marginally increased prices from 0 to Rs 26,000, depending on the variant. Continuing its commitment towards customers, the company will also offer protection from the price increase to customers who have booked Tata passenger vehicles on or before January 21, it added. Tata Motors currently sells PVs ranging from hatchback Tiago with starting price of Rs 4.7 lakh to SUV Harrier tagged at Rs 19.1 lakh (ex-showroom Delhi). Tata Motors said its PV business has been witnessing ...
Huawei had sold Honor to a consortium of 30 of the sub-brand's agents and dealers in November to help it resume sourcing components restricted by US sanctions
Global automakers including Ford Motor Co, Toyota Motor Corp and Nissan Motor Co Ltd have said they would cut vehicle production
Shortage has affected entire auto sector, may continue for at least first half of 2021, says company; During April-December period of current fiscal, Ford's production was down 56% YoY
Lockdowns and travel restrictions are prompting housebound shoppers to snap up more phones, game consoles, smart TVs and laptops, which in turn has fueled demand for the chips
Over the past year, Taiwan has taken a lead in the race to build thinner, faster and more powerful chips, or semiconductors
South Korea's biggest company will mass-produce 3-nanometer chips in 2022, a senior executive at its foundry division told attendees at an invite-only event last month
Deal will create 'the premier computing firm for the age of AI', says Nvidia
The deal puts a vital supplier to Apple Inc and others across the industry under the control of a single player and will face potential pushback from regulators and Nvidia rivals
If the current talks with the ATMP big boys fructify, it will be a major step for the country.
The new rule prohibits semiconductor manufacturers that use US technology and software in chip design from shipping to Huawei without the US government's permission
Such technological intervention will have lasting benefits. It will ease bottlenecks that prevent access to credit and bring SMEs within a national infrastructure programme
In a letter sent on Monday, nine groups urged U.S. Commerce Secretary Wilbur Ross to allow public comment before putting the rules into effect to avoid unintended consequences
As a PhD student at IIT-Madras, Neel Gala participated in the ambitious SHAKTI programme; he is now working towards making India self-reliant in chip design
Gartner has increased the outlook for 2017 by $14.1 billion in its most current forecast