chip shortage

Business, Technology, Logistics

Volvo Warns More Chip Woes Will Curtail Truck Production

Volvo Warns More Chip Woes Will Curtail Truck Production Front of a Volvo tractor. (John Sommers II for Transport Topics)

Volvo Group said the chip shortages and supply chain snarls will continue to cap truck making, leaving the Swedish manufacturer with little choice but to turn away some customers.

Rafaela Lindeberg | Bloomberg News
October 21, 2021
Government, Business, Technology

Commerce Head Gina Raimondo Aims to Bring Chip Manufacturing to the US

Gina Raimondo Commerce Secretary Gina Raimondo shows her Bulova watch. (Alex Brandon/AP)

President Joe Biden has tasked Commerce Secretary Gina Raimondo with ensuring the United States will be the world leader in computer chips.

Josh Boak | The Associated Press
October 18, 2021
Business, Technology, Equipment

Taiwan Chipmaker Plans Plant in Japan, Says Shortages Easing

semiconductor chip Gloved hands hold a semiconductor. (Ivan-balvan/Getty Images)

Taiwan Semiconductor Manufacturing Corp. has confirmed it is planning to build a computer chip factory in Japan.

October 15, 2021
Business, Logistics

Car Sales Drop as Chip Shortages Stymie Buyers

Car Sales Drop as Chip Shortages Stymie Buyers The Huntington Ford dealership on Rochester Road in Rochester Hills, Mich. (iStock/RiverNorthPhotography)

After sounding an optimistic note in the first half of the year as soaring car prices padded their profits, auto executives have become more resigned to supply chain headaches after recent COVID-19 outbreaks in Malaysia hampered semiconductor production.

Gabrielle Coppola | Bloomberg News
September 30, 2021
Business, Technology

Worsening Chip Woes to Cost Automakers $210 Billion in Sales

Worsening Chip Woes to Cost Automakers $210 Billion in Sales A wafer is seen at the new 300 mm chip factory plant of Infineon in Austria. (Akos Stiller/Bloomberg)

The cost of the intractable semiconductor shortage has ballooned by more than 90%, pushing the total hit to 2021 revenue for the world’s automakers to $210 billion.

Keith Naughton | Bloomberg News
September 23, 2021
Business, Technology, Safety

Chip Shortage Set to Worsen as COVID Rampages Through Malaysia

semiconductor chips 300-millimeter silicon wafers at the Bosch plant in Dresden, Germany. (Krisztian Bocsi/Bloomberg News)

The number of COVID-19 infections is surging in Malaysia, threatening to aggravate shortages of semiconductors and other components that have hammered automakers for months.

August 24, 2021
Government, Business, Technology

Senate Democrats Ask for Taiwan’s Help With Chip Shortage

A worker views an implementation map at a Toyota Motor Corp. manufacturing plant A worker views an implementation map at a Toyota Motor Corp. manufacturing plant. (Luke Sharrett/Bloomberg News)

Three Democratic senators are asking the Taiwanese government to help the U.S. with a chip shortage that has idled auto plants and sent workers packing throughout the industry as the global economy struggles to recover from the COVID-19 pandemic.

Daniel Flatley | Bloomberg News
August 19, 2021
Government, Business, Technology, Equipment

Global Chip Shortage May Last Until 2023, Infineon CEO Says

Chip A silicon chip is attached to a printed circuit board. (Aaron Hawkins/Getty Images)

The global chip shortage that’s hampering companies from carmakers to computer manufacturers may linger for years, according to Germany’s biggest semiconductor company, Infineon Technologies AG.

Rainer Buergin | Bloomberg News
August 16, 2021
Government, Business, Technology

Foreign Chipmakers Could Get Funding Aid, Raimondo Says

Commerce Secretary Gina Raimondo interviewed on Bloomberg TV Commerce Secretary Gina Raimondo is interviewed on Bloomberg TV. (Bloomberg)

President Joe Biden will ultimately decide whether foreign chip producers will receive some of the $52 billion in funding planned to help ease the shortage that has hammered manufacturing, Commerce Secretary Gina Raimondo said.

Jenny Leonard | Bloomberg News
July 28, 2021
Business, Technology, Fuel

After Chip Crisis, Is Battery Shortage Next?

battery cells Svolt Energy Technology Co. battery cells. (Qilai Shen/Bloomberg)

Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer.

Annie Lee | Bloomberg News
July 23, 2021