Page 15 - Semiconductor

MG Motor India reports 40% decline in sales to 2,482 units in November

MG Motor India on Wednesday reported a 40 per cent decline in retail sales to 2,481 units in November 2021, as the production was adversely impacted by the ongoing semiconductor shortage.

Maruti Suzuki expects December production to be affected due to chip crisis

The total vehicle production at both plants in Gujarat and Haryana could be 80-85 per cent of normal

Domestic MFs line up chip funds as stocks soar

Tata MF has filed an offer document with markets regulator Securities and Exchange Board of India (Sebi) to launch Tata Global Semiconductor Fund of Fund.

Tata group in talks with 3 states for $300-million semiconductor unit

Tata Group is in talks with with Tamil Nadu, Karnataka and Telangana and scouting for land for the outsourced semiconductor assembly and test plant, say sources

Taiwan looking at chip cooperation with Eastern European nations

Taiwan will set up working groups with the three countries to work out how to cooperate on chips, while Taiwan will also give scholarships for technical training

How a unheard of Texas town snagged a $17 bn Samsung chip plant deal

Samsung plant is projected to create 2,000 high-tech jobs, would start production in the second half of 2024.

New plant in US will help ease global chip shortage, says Samsung

Samsung Electronics said it has selected the city of Taylor in Texas, the US, as the site of its new $17 billion chip fabrication plant, a move to boost production amid a global chip shortage

Delivery of MG Astor vehicles could get delayed due to chip shortage

"We are all facing a situation very unprecedented. The supply of chips and semiconductors are very uncertain and very dynamic," Gupta said.

With supply short, Ford Motor dips toe into computer chip business

Ford Motor Co. is in talks with a computer chip maker to shore up its semiconductor supplies and avoid a repeat of this year's auto factory shutdowns caused by semiconductor shortages.

EU opens door to giving aid for semiconductor production

The EU's executive arm expects that the scarcity of semiconductors will affect the region's economy

Ford partners with GlobalFoundries to increase chip supplies

The two companies announced a non-binding agreement that could involve increasing production capacity for Ford's current lineup

Qualcomm to launch next generation processors to take on Apple M chips

US-based chip maker Qualcomm is planning to announce next-generation Arm-based chips for Windows PCs that would be able to compete with Apple's M-series processors.

Samsung's Lee visits US ahead of likely $17 bn chip plant decision: Reports

Since Samsung vice chairman Kim Kinam confirmed chip plant plan in May, Samsung has been comparing incentives and working out who pays what in convoluted land and other agreements

M&M sees chip crunch easing in 2022, eyes options for EV business

The automaker also said with better availability of semiconductors, it hopes to maintain volume growth momentum from the third quarter onwards

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,

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%

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

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.

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%