The global semiconductor shortage that has plagued the auto industry for around two years might be easing in the short term. Carmakers like BMW AG, Mercedes Benz AG, and Daimler Truck Holding AG, who have experienced production outages for several months in recent times, are now getting enough semiconductors to manufacture at full capacity, according…
Seeing ‘Light at the End of the Tunnel,’ Automakers Perceive Easing of Chip Shortages
The Most Important Market in the World Is Also the Most Vulnerable
Commentary Click past Apple’s shiny consumer marketing of its latest iPhone 13, and you’ll read in the specs that it brings some serious new technology to its hardware. Its A15 Bionic chip has 15 billion transistors… a new six‑core CPU with two performance and four efficiency cores… a new five‑core GPU… a new 16‑core Neural…
Aussies to Wait 2 Years Before Used Car Prices Drop
March 2, 2022
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Australians looking to buy a reasonably priced car may need to wait for another two years for prices to go back down, and even then, its unlikely to go down to pre-pandemic prices. Ajay Bhatia, the managing director of Carsales Australia, told The Epoch Times that he believes car prices have plateaued and will remain…
Renault Production May Get Affected by Supply Chain Issues in Russia
February 19, 2022
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Business & EconomyBusinesses in COVID-19CompaniesEuropeGlobal supply chain disruptionRenaultRussia-Ukraine tensionssemiconductor chipsWorld
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French automaker Renault is concerned about the stability of its supply chains in Russia due to rising tensions between the country and Ukraine, which will have repercussions for the manufacturer’s production abilities if a conflict were to break out. Renault’s Russian business AvtoVaz, which makes the Lada brand of cars, sources 20 percent of components…
Europe Car Sales Fall, Industry Battles With Semiconductor Shortage
Car sales in Europe fell in January as regional auto manufacturers struggled to get key components, including semiconductor chips, owing to supply chain issues, according to a recent report by an industry lobbying association. “In January 2022, EU passenger car registrations continued to fall, with the ongoing semiconductor shortage still negatively affecting car sales across…
Semiconductor Chip Industry Will Reach $1 Trillion in a Decade Despite Shortages
January 31, 2022
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The semiconductor industry is registering impressive numbers for 2021 and 2022, even as global shortages persist, and the scarcity points to the significance and critical importance of chips for numerous end products from cars to appliances and phones. Combined sales from the industry crossed $500 billion last year, and in 2022, is expected to reach…
Top House Republicans Allege Democrats ‘Not Serious’ About Confronting China in Chips, Competition Bill
January 27, 2022
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Top House Republicans say their Democrat colleagues are “not serious” about confronting the Chinese Communist Party (CCP), after the House unveiled legislation Democrats say would increase U.S. semiconductor manufacturing and bolster competition with China. The United States is currently facing a chronic shortage of semiconductor chips—a key component in phones, computers, and cars—which have put a strain…
Top House Republicans Allege Democrats ‘Not Serious’ About Confronting China in Chips, Competition Measure
January 27, 2022
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ChinacongressNational SecurityPolicies & ImpactsPoliticsRepublicanssemiconductor chipsSpecial TopicsTech CompetitiontechnologyThreat from Communist ChinaUSUS NewsUS-China relations
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Top House Republicans say that their Democratic colleagues are “not serious” about confronting the Chinese Communist Party (CCP), after the House unveiled legislation that Democrats say would increase U.S. semiconductor manufacturing and bolster competition with China. The United States is currently facing a chronic shortage of semiconductor chips—a key component in phones, computers, and cars—which has put…
US Semiconductor Chip Shortage Poses Economic, National Security Risks: Commerce Dept.
January 26, 2022
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The United States is facing a chronic shortage of semiconductor chips and a long-term solution is desperately needed to avoid economic and national security risks to the nation, according to a new report by the U.S Department of Commerce. A government survey of more than 150 companies that produce and buy chips—aimed at providing insight into the complex…
Samsung Picks Texas City for $17 Billion Semiconductor Factory, to Create 2,000+ Jobs
November 25, 2021
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Samsung announced on Wednesday that it has chosen Taylor, Texas, for its $17 billion advanced chip-manufacturing plant, which is expected to create 2,000 direct high-tech jobs. “The new manufacturing facility will produce advanced logic chips that will power next-generation devices for applications such as mobile, 5G, high-performance computing (HPC), and artificial intelligence (AI),” Texas Gov. Greg…
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