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Topic

global chip shortage

Daimler sees Q3 hit to Mercedes sales from chip shortage

Daimler sees Q3 hit to Mercedes sales from chip shortage

Published 02 Sep, 2021 06:17pm
  • "With the plant closings at semiconductor suppliers in Malaysia and elsewhere, the challenge has now become even greater, so that our sales in the third quarter will probably be noticeably below the second quarter," Ola Kaellenius says
Taiwan's Acer sees global chip shortage gradually easing

Taiwan's Acer sees global chip shortage gradually easing

Published 06 Apr, 2021 12:22pm
  • From delayed car deliveries to a supply shortfall in home appliances to costlier smartphones, businesses and consumers across the globe are facing the brunt of an unprecedented shortage in semiconductor microchips.
  • Originally concentrated in the auto industry, the shortage has now spread to a range of other consumer electronics, including smartphones, refrigerators and microwaves.
US automakers post high quarterly sales even as chip shortage bites

US automakers post high quarterly sales even as chip shortage bites

Published 01 Apr, 2021 09:24pm
  • The need for increased personal safety during the COVID-19 pandemic has boosted sales for automakers, as people prefer to travel by their own cars to using public transportation.
  • The No.1 US automaker said it estimates that the seasonally adjusted annual sales pace for the first quarter of the year was around 16.7 million units.
GM further cuts production in North America due to global chip shortage

GM further cuts production in North America due to global chip shortage

Published 24 Mar, 2021 07:48pm
  • The action was factored into GM's prior forecast that it could shave up to $2 billion off this year's profit, spokesman David Barnas said.
  • Semiconductors are used extensively in cars, including to monitor engine performance, manage steering or automatic windows, and in sensors used in parking and entertainment systems.
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