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Toyota Cuts Production Amid Semiconductor Shortage

Rebecca Urena05/27/2022

18262

Toyota (NYSE: TM) announced that it will be cutting back on production, ultimately manufacturing 800,000 fewer vehicles globally. According to the automaker, the change comes amid the Covid-19 lockdown...

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Intel CEO Believes Chip Shortage Will Stretch into 2024

Rebecca Urena04/29/202204/29/2022

16424

The shortage of semiconductors within the U.S. will carry on through 2024 according to Intel (NASDAQ: INTC) CEO Pat Gelsinger. The CEO highlighted that the scarcity of chips had...

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Chipmaker SMIC Posts Record Revenue

Rebecca Urena02/11/2022

17355

Semiconductor Manufacturing International Corporation (HKG: 0981) reported positive revenue and a rise in profit fueled by the strong demand for semiconductor chips. SMIC management highlighted that “The year 2021...

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Toyota to Build $1.29 Billion EV Manufacturing Plant

Rebecca Urena12/07/202106/09/2022

7864

Toyota Motor (NYSE: TM) is set to build a new USD1.29 Billion battery plant for electric vehicles in North Carolina, the company revealed Monday. The plant will be situated...

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Stellantis Partners with Foxconn to Create and Sell Semiconductor Chips

Rebecca Urena12/07/202106/09/2022

6413

Stellantis (NYSE: STLA) and Hon Hai Technology Group, (Foxconn) have entered into a non-binding memorandum of understanding to design a family of purpose-built semiconductors for the automaker as well...

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Samsung to Purchase New $17 Billion Chip Factory

Rebecca Urena11/24/202111/24/2021

2730

Samsung (KRX: 005930) is set to build a new USD17 Billion semiconductor manufacturing facility in Taylor, Texas. The investment is expected to aid in the global chip shortage. “The...

Tag: SemiconductorChips

Toyota Cuts Production Amid Semiconductor Shortage

Intel CEO Believes Chip Shortage Will Stretch into 2024

Chipmaker SMIC Posts Record Revenue

Toyota to Build $1.29 Billion EV Manufacturing Plant

Stellantis Partners with Foxconn to Create and Sell Semiconductor Chips

Samsung to Purchase New $17 Billion Chip Factory

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