Tag: Electronic parts manufacturing
Stellantis CEO expects chip shortage to drag into next year
DETROIT — The leader of the world's fourth-largest automaker expects a global computer chip shortage that has cut vehicle production to last into next...
With no summit, South Korean president to skip Olympics
SEOUL, South Korea — South Korean President Moon Jae-in has decided not to visit Japan for the Tokyo Summer Olympics, citing a failure to...
China’s auto sales up 27% in 2021, but hurt by chip shortage
BEIJING — China’s auto sales rose 27% in the first half of 2021 from a year earlier but still were below pre-pandemic levels, and...
Delicate task for Fed: When to pull back on low-rate support
WASHINGTON — With inflation rising in a fast-rebounding economy, the Federal Reserve is poised this week to discuss when it will take its first...
Ferrari taps European chip-maker executive as new CEO
MILAN — Luxury sports carmaker Ferrari has tapped Benedetto Vigna, an Italian executive at Europe’s largest semiconductor chipmaker, as its new CEO, the company...
China denounces US bill aimed at boosting competitiveness
BEIJING — Beijing on Wednesday denounced a U.S. bill aimed at boosting U.S. technology in the face of growing competition from China and others,...
Biden to launch task force on bottlenecks in supply chains
WASHINGTON — The Biden administration has completed a 100-day review of supply chains and will form a task force to address the bottlenecks in...
Senate aims to boost tech industry in competition with China
WASHINGTON — The Senate was on pace to approve legislation Tuesday that aims to boost U.S. semiconductor production and the development of artificial intelligence...
Bosch opens $1.2B semiconductor factory in eastern Germany
BERLIN — German technology company Bosch on Monday opened a 1 billion euro ($1.2 billion) chip factory in the eastern city of Dresden to...
Biden widens list of Chinese firms off-limits for investment
President Joe Biden has nearly doubled the list of Chinese companies whose shares are off-limits to U.S. investors in the latest sign he is...