Tag: semiconductor
Microchip shortage now expected to last until next Christmas
While hopes of a supply chain recovery persisted throughout the year, industry insiders now expect microchip shortages to last throughout 2023.
Semiconductor and chip manufacturers...
Toyota cuts 500,000 vehicles from production in the wake of supply...
Toyota has adjusted its production output as the auto industry's supply shortages persist. The affected lines include the company's crossovers, utility vehicles, SUVs and...
Chip shortage appears to be easing as GM set to restart...
Globally, estimates pegged automotive light vehicle production decreases of up to 3.9 million units due to the shortage of semiconductor chips. In a bit of...
President Biden meeting with execs sparks semiconductor chip recovery, but long...
On Monday, President Joe Biden met with executives virtually in the auto, tech, consumer electronics, and biotech industries to discuss the semiconductor chip shortage...
Toyota makes a robust update to profit forecast
The world’s best-selling automakers has now updated their full-year profit expectations after realizing a net profit increase of 50% in the third quarter of...
As semiconductor chip shortage deepens, new solutions come to light
A semiconductor chip shortage continues to vex the auto industry worldwide. Several factories across nameplates such as Ford, Subaru, Toyota, Volkswagen, Audi, Nissan, Chrysler, and...
Additional factories idled due to semiconductor chip shortages
Many of the major car manufacturers in the United States are feeling the pinch as parts suppliers are unable to provide the necessary microchips...
