Ford sees surprise Q2 profit despite chip shortage and manufacturing hassles

Ford sees surprise Q2 profit despite chip shortage and manufacturing hassles

By Christy Gren - Jul 30, 2021

“The business is ‘spring loaded’ for a rebound when semiconductor supplies stabilize and more closely match demand.”

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Intel in early talks to acquire chipmaker GlobalFoundries for $30 billion

Intel in early talks to acquire chipmaker GlobalFoundries for $30 billion

By Anna Domanska - Jul 16, 2021

GlobalFoundries came into spotlight last year when semiconductor industry leaders were trying to solve the ongoing chip shortage. The U.S.-based chipmaker offered something that no

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Germany’s economic rebound slowed by global chip shortage; challenges at bay

Germany’s economic rebound slowed by global chip shortage; challenges at bay

By Anna Domanska - Jul 09, 2021

The Association of German Automobile Manufacturers (VDA) cut its growth forecast for 2021 car sales to 3% from 8%, citing a global chip shortage affecting assembly production. The

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Elon Musk blames supply chain hurdles for Tesla price rise

Elon Musk blames supply chain hurdles for Tesla price rise

By Christy Gren - Jun 01, 2021

The supply chain disruptions of components in the auto industry have led to an increase in the prices of vehicles, claimed Elon Musk in a tweet reply to a query. “Prices incr

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Intel plans to invest $3.5 billion in New Mexico chip unit

Intel plans to invest $3.5 billion in New Mexico chip unit

By Anna Domanska - May 04, 2021

Intel plans to invest $3.5 billion in its New Mexico factory as part of a plan to expand domestic manufacturing investments. This is one of the largest single investments by the co

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Intel seeking $9.7 billion EU investment to build chip factory in Europe

Intel seeking $9.7 billion EU investment to build chip factory in Europe

By Anna Domanska - May 03, 2021

As the chip shortage gains momentum and forces industries heavily reliant on the technology to look for alternate ways to meet the shortfall. Intel, the pioneer in chip making, wan

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Samsung to cut production due to chips supply crunch

Samsung to cut production due to chips supply crunch

By Anna Domanska - Apr 30, 2021

The chip shortage has spread across industries, slowing down the manufacturing of automobiles, smart devices, to electronic including white goods such as washing machines and telev

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Automakers planning supply chain improvement to avoid chip shortage crisis

Automakers planning supply chain improvement to avoid chip shortage crisis

By Anna Domanska - Feb 05, 2021

The automotive industry’s supply chain mechanics is due for an overhaul. Many auto industry leaders have realized the disadvantages of relying on a finely tuned “just-in-time

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Automakers feel the supply chain crunch as chip shortage worsens

Automakers feel the supply chain crunch as chip shortage worsens

By Anna Domanska - Feb 04, 2021

A sales rebound has left global auto industry leaders facing a shortage of chips with many idling plans to trim production until inventories are in order.

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