The global PC market saw its steepest decline on record as economic uncertainty and a glut of unsold inventory dented shipments for the fourth quarter in a row. Worldwide shipments of desktop and laptop computers fell by 19.5% in the third quarter of 2022 compared with the year-ago period, according to research firm Gartner. It […]
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TVS Motor Company has sorted out the semiconductor chip shortage issue by tapping an alternative source, said a top official. During the first quarter of FY23, TVSM lost quite a bit with respect to deliveries of Apache and Raider due to chip shortage, the official said. “But thanks to our team, we were able to […]
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Chip designer Nvidia Corp said on Wednesday that U.S. officials told it to stop exporting two top computing chips for artificial intelligence work to China, a move that could cripple Chinese firms’ ability to carry out advanced work like image recognition and hamper Nvidia’s business in China. Nvidia shares fell 6.6% after hours. The company […]
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Taiwan is a major semiconductor producer and home to the world’s largest contract chip maker, Taiwan Semiconductor Manufacturing Co Ltd Taiwan is a major semiconductor producer and home to the world’s largest contract chip maker, Taiwan Semiconductor Manufacturing Co Ltd Taiwan said on Friday it has not been informed about a so-called ‘Chip 4’ meeting […]
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The heads of chipmakers GlobalFoundries and Applied Materials and carmakers Ford Motor and General Motors Co were to meet at a closed-door summit with U.S. government officials on Monday to discuss administration plans to invest in semiconductors. (Sign up to our Technology newsletter, Today’s Cache, for insights on emerging themes at the intersection of technology, […]
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Newly created teams at the likes of General Motors, Volkswagen and Ford are negotiating directly with chipmakers Newly created teams at the likes of General Motors, Volkswagen and Ford are negotiating directly with chipmakers The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over the past two […]
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Japan’s Nintendo Co Ltd sold 23% fewer Switch consoles in the April-June quarter than a year earlier following chip shortages, it said on Wednesday. The Kyoto-based gaming company said it expected procurement to improve “from late summer towards autumn” and maintained its forecast to sell 21 million units in the year through end-March 2023. “Demand […]
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Reuters SEOUL July 21, 2022 10:01 IST Updated: July 21, 2022 17:40 IST Reuters SEOUL July 21, 2022 10:01 IST Updated: July 21, 2022 17:40 IST South Korea said on Thursday it is targetting supplying half of its chip materials, components, and equipment locally by 2030, up from 30% currently South Korea aims at sourcing […]
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From his small office in Singapore, Kelvin Pang is ready to wager a $23 million payday that the worst of the chip shortage is not over for automakers – at least in China. Pang has bought 62,000 microcontrollers, chips that help control a range of functions from car engines and transmissions to electric vehicle power […]
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Intel Corp said on Thursday it has started informing customers of its plan to raise prices for many of its chip products due to rising costs, a move that the company had first hinted in its first-quarter earnings call on April 28. The price increases could come into effect in autumn and the percentage increases […]
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