Shortage Of Chip Supplies
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Apple Predicts Higher Memory Costs Will Impact Its Q2 Gross Margin Despite Record Earnings
During its earnings call, Apple CEO Tim Cook responded to fast-rising RAM and SSD storage chip prices in the supply chain. He said that rising RAM and storage costs had a limited impact on its financial performance so far. The iPhone maker expects the memory shortage to have a slightly greater effect on the Q2 gross margin. Apple reported record re...
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Reliance Said to Be Exploring Foray Into Chip Manufacturing; in Talks With Potential Partners
Reliance Industries has begun exploring a foray into semiconductor manufacturing, a move that could address its supply chain needs and cater to growing chip demand in India, two people familiar with its strategy said. The telecoms-to-energy conglomerate has held early-stage talks with foreign chipmakers that have the potential to become technology ...
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US President Joe Biden to Sign $280 Billion CHIPS Act to Boost US Semiconductor Production
US President Joe Biden will sign the $280 billion (roughly Rs. 22,27,410 crore) CHIPS Act on Tuesday, the White House has announced. The new bill is designed to incentivise investments in the US chip industry to ease US reliance on overseas supply chains for critical, cutting-edge goods. Micron is announcing a plan to boost domestic manufacturing o...
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Hyundai Expects Chip Shortage to Improve by 2023 Amid Ongoing Production Constraints, Company Official Says
Hyundai on Monday said that it expects the ongoing chip shortage to improve by 2023, as it currently faces production constraints. Amid competition from Tata Motors and Mahindra, Hyundai said it is sitting on a backlog of 1.3 lakh pending orders. A senior company official noted that semiconductor supplies have improved, helping its production to go...
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US Chip Export Restrictions to China May Hurt Global Supply Chain, Say Experts
The USA’s export restrictions to curb China's advances in semiconductor manufacturing can cause a great damage to the fragile global chip supply chains, suggest the experts. Chipmakers Samsung and SK Hynix have invested heavily in China in recent decades to produce chips that are vital to customers like Apple, Amazon, Facebook owner Meta and Goog...
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Maruti Suzuki Says Chip Shortage Limiting Production Volumes; 51,000 Vehicles Not Produced in June Quarter
Maruti Suzuki was unable to produce 51,000 units due to the ongoing chip shortage in the June quarter, the company’s CFO Ajay Seth said on Tuesday. India's largest carmaker sold over 4.67 lakh vehicles in the same period, while the semiconductor crisis was said to present challenges in planning production activities. Maruti Suzuki’s supply chai...
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India’s Passenger Vehicle Makers See Double Digit Growth Amid Improvement in Chip Shortage Issue: Details
Domestic sales of passenger vehicles from manufacturers like Maruti Suzuki, Hyundai, Tata Motors and Mahindra & Mahindra increased in July with the firms reporting single to high double-digit growth in sales. Manufacturers like Kia, Toyota Kirloskar Motor, Honda, and Skoda also saw a large increase in vehicle sales in India, with the highest-ever p...
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Electric, Hybrid Cars to Face Long Waiting Periods as Carmakers Deal With Chip Shortage
Honda Cars, Tata Motors and other leading carmakers are expecting a longer waiting period for electric and hybrid vehicles, as compared to petrol and diesel variants, as the chip shortage continues to crimp their manufacturing activities.
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Auto Chip Shortage: How China Turned Into Ground Zero for Shortage Amid the Pandemic, More
The global auto chip shortage has affected China, the world’s biggest manufacturer of cars and leader in electric vehicles (EVs), as supply strains have been compounded by a zero-COVID lockdown in auto hub Shanghai that ended last month. The shortage is more acute than elsewhere and threatens to curb the nation's EV momentum. Here’s how China b...
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Bosch Invests 3 Billion Euros In Chips, Says Shortage To Last Into 2023
Technology group Bosch expects supply bottlenecks for some types of chips to last into 2023 even as inflation reduces demand for certain consumer goods.
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Apple Predicts Higher Memory Costs Will Impact Its Q2 Gross Margin Despite Record Earnings
During its earnings call, Apple CEO Tim Cook responded to fast-rising RAM and SSD storage chip prices in the supply chain. He said that rising RAM and storage costs had a limited impact on its financial performance so far. The iPhone maker expects the memory shortage to have a slightly greater effect on the Q2 gross margin. Apple reported record re...
-
Reliance Said to Be Exploring Foray Into Chip Manufacturing; in Talks With Potential Partners
Reliance Industries has begun exploring a foray into semiconductor manufacturing, a move that could address its supply chain needs and cater to growing chip demand in India, two people familiar with its strategy said. The telecoms-to-energy conglomerate has held early-stage talks with foreign chipmakers that have the potential to become technology ...
-
US President Joe Biden to Sign $280 Billion CHIPS Act to Boost US Semiconductor Production
US President Joe Biden will sign the $280 billion (roughly Rs. 22,27,410 crore) CHIPS Act on Tuesday, the White House has announced. The new bill is designed to incentivise investments in the US chip industry to ease US reliance on overseas supply chains for critical, cutting-edge goods. Micron is announcing a plan to boost domestic manufacturing o...
-
Hyundai Expects Chip Shortage to Improve by 2023 Amid Ongoing Production Constraints, Company Official Says
Hyundai on Monday said that it expects the ongoing chip shortage to improve by 2023, as it currently faces production constraints. Amid competition from Tata Motors and Mahindra, Hyundai said it is sitting on a backlog of 1.3 lakh pending orders. A senior company official noted that semiconductor supplies have improved, helping its production to go...
-
US Chip Export Restrictions to China May Hurt Global Supply Chain, Say Experts
The USA’s export restrictions to curb China's advances in semiconductor manufacturing can cause a great damage to the fragile global chip supply chains, suggest the experts. Chipmakers Samsung and SK Hynix have invested heavily in China in recent decades to produce chips that are vital to customers like Apple, Amazon, Facebook owner Meta and Goog...
-
Maruti Suzuki Says Chip Shortage Limiting Production Volumes; 51,000 Vehicles Not Produced in June Quarter
Maruti Suzuki was unable to produce 51,000 units due to the ongoing chip shortage in the June quarter, the company’s CFO Ajay Seth said on Tuesday. India's largest carmaker sold over 4.67 lakh vehicles in the same period, while the semiconductor crisis was said to present challenges in planning production activities. Maruti Suzuki’s supply chai...
-
India’s Passenger Vehicle Makers See Double Digit Growth Amid Improvement in Chip Shortage Issue: Details
Domestic sales of passenger vehicles from manufacturers like Maruti Suzuki, Hyundai, Tata Motors and Mahindra & Mahindra increased in July with the firms reporting single to high double-digit growth in sales. Manufacturers like Kia, Toyota Kirloskar Motor, Honda, and Skoda also saw a large increase in vehicle sales in India, with the highest-ever p...
-
Electric, Hybrid Cars to Face Long Waiting Periods as Carmakers Deal With Chip Shortage
Honda Cars, Tata Motors and other leading carmakers are expecting a longer waiting period for electric and hybrid vehicles, as compared to petrol and diesel variants, as the chip shortage continues to crimp their manufacturing activities.
-
Auto Chip Shortage: How China Turned Into Ground Zero for Shortage Amid the Pandemic, More
The global auto chip shortage has affected China, the world’s biggest manufacturer of cars and leader in electric vehicles (EVs), as supply strains have been compounded by a zero-COVID lockdown in auto hub Shanghai that ended last month. The shortage is more acute than elsewhere and threatens to curb the nation's EV momentum. Here’s how China b...
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Bosch Invests 3 Billion Euros In Chips, Says Shortage To Last Into 2023
Technology group Bosch expects supply bottlenecks for some types of chips to last into 2023 even as inflation reduces demand for certain consumer goods.
