chips
Great Wall acquires stake in SiC wafer company Synlight Crystal
Great Wall Motors (GWM) announced last week it has acquired a stake in local semiconductor manufacturer Synlight Crystal Company Ltd,…
Stellantis and Foxconn form chip JV
Stellantis and Hon Hai Technology Group, (Foxconn) have signed a non-binding memorandum of understanding to create a partnership to design…
Omicron Covid variant could pressure chip supply – Nissan
The Omicron variant could add pressure to a chronic shortage of microchips used in car manufacturing, a senior car industry…
Volvo Cars reports quarterly profit dip
Geely-owned Volvo Cars has reported interim financials for the third quarter 2021 which show a dip in revenue and profit…
US threatens compulsory chip data release
Companies such as Intel and Infineon had indicated they would cooperate with a voluntary request for data on the semiconductor…
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Magna cuts its sales outlook
Magna has revised down its 2021 sales outlook to reflect a deteriorating outlook for light vehicle production in North America…
Global chip shortage: Supply chain hoarding now a factor, says TSMC chief
The chairman of massive semiconductor manufacturer TSMC has suggested that the global chip shortage is now being exacerbated by dealers…
Tesla chief sees chips shortage as “short term”
With new semiconductor plants either planned or under construction, the global chip shortage that has hit the car industry this…
UK used car prices surge on shortages of new cars
The UK is seeing a strong surge in used car prices as the chips shortage causes short supply and long…
GM CEO hints at chip supply chain changes
General Motors chief executive Mary Barra has said the automaker plans to make changes in its supply chain to help…