chip shortage News Updates

Government, Business, Technology

Chip Shortage Expected to Stretch Through 2022

The Biden administration has concluded that a global semiconductor shortage will persist until at least the second half of this year, promising long-term strain on a range of U.S. businesses, including automakers and the consumer electronics industry.

January 25, 2022
Government, Business, Technology, Equipment

Intel to Build $20 Billion Chip Facility in Ohio

COLUMBUS, Ohio — Intel will invest $20 billion in a new computer chip facility in Ohio amid a global shortage of microprocessors used in everything from phones and cars to video games.

January 21, 2022
Business

VW Sales Drop to Lowest in Decade

Volkswagen AG sales dropped to the lowest in a decade last year after the global semiconductor shortage hampered the German manufacturer’s auto output.

January 12, 2022
Business, Technology, Autonomous

Silicon Valley’s Push Into Cars Is Testing Aptiv

The auto industry is being upended anew in ways that could challenge Aptiv.

December 27, 2021
Government, Business, Logistics

Severe Weather Closes Southeast Asia Ports

Severe weather disruptions hit Malaysia and the Philippines, leaving a trail of destruction among nations most prone to natural disasters.

December 20, 2021
Government, Business, Technology

Transportation Groups Seek Federal Help to Ease Chip Shortage

A coalition of trucking, transportation and manufacturing stakeholders in letters sent to President Joe Biden, members of his Cabinet and congressional leaders expressed concern over how the persistent shortage of semiconductors needed for manufacturing new trucks is affecting the broader economic landscape.

December 16, 2021
Government, Business, Technology

Automakers to Battle Chip Crisis for Years, Consultancy Says

Carmakers including Volkswagen AG and General Motors Co. should brace for the global semiconductor shortage to last beyond next year and redesign cars so they need fewer of the high-tech components, consultancy Roland Berger said.

December 15, 2021
Business, Technology

BMW Signs Long-Term Chip Deal

BMW AG signed a long-term deal to secure semiconductors for in-car lighting systems after a global shortage of the components led to shutdowns at some of its factories.

December 8, 2021
Government, Business, Technology

Commerce Head Gina Raimondo to Urge Boost in Chip Output

Commerce Secretary Gina Raimondo on Nov. 29 will make the case for more domestic production of semiconductors in a pitch aimed at the administration’s goal to have 50% of U.S. vehicles be electric by the end of the decade.

November 29, 2021
Business, Technology, Equipment

Samsung Expected to Build $17 Billion Chip Factory in Texas

Samsung is planning to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices.

November 23, 2021