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,…
chips
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
