Tag: Electronic parts manufacturing
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,...
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...
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...
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...
GM raises forecast, says chip shortage not as bad as feared
DETROIT — General Motors says efforts to manage the global computer chip shortage have worked better than expected, so it's financial results will improve...
Automotive chip maker says it’s nearly recovered from blaze
DETROIT — A fire-damaged Japanese factory that supplies many of the auto industry's computer chips is producing about 88% of what it was making...