Taiwan will set up working groups with the three countries to work out how to cooperate on chips, while Taiwan will also give scholarships for technical training
Samsung plant is projected to create 2,000 high-tech jobs, would start production in the second half of 2024.
Samsung Electronics said it has selected the city of Taylor in Texas, the US, as the site of its new $17 billion chip fabrication plant, a move to boost production amid a global chip shortage
"We are all facing a situation very unprecedented. The supply of chips and semiconductors are very uncertain and very dynamic," Gupta said.
Ford Motor Co. is in talks with a computer chip maker to shore up its semiconductor supplies and avoid a repeat of this year's auto factory shutdowns caused by semiconductor shortages.
The EU's executive arm expects that the scarcity of semiconductors will affect the region's economy
The two companies announced a non-binding agreement that could involve increasing production capacity for Ford's current lineup
US-based chip maker Qualcomm is planning to announce next-generation Arm-based chips for Windows PCs that would be able to compete with Apple's M-series processors.
Since Samsung vice chairman Kim Kinam confirmed chip plant plan in May, Samsung has been comparing incentives and working out who pays what in convoluted land and other agreements
The automaker also said with better availability of semiconductors, it hopes to maintain volume growth momentum from the third quarter onwards
Senior defence officials of the US and India attended the Defence Industry Collaboration Forum Virtual Expo that focused on securing supply chains in critical sectors like the semiconductor industry,
The company's total income stood at Rs 390 crore during the quarter, up a marginal 1%
Part manufacturers supplying automakers with key components are heavily reliant on magnesium, which can be used by itself or combined with aluminium to reduce the weight of cars
The British multinational automotive company in the meantime will continue to take steps to contain the impact of the shortage on its operations across the globe.
Honda Motor Co cut its full-year profit forecast as a persistent global shortage of semiconductors forces it to cut vehicle production and rising steel and material prices eat into profit margins.
Nintendo Co Ltd on Thursday cut its full year Switch sales forecast by 6%
The company said it was able to outgrow the market by securing more supply of components than its peers
The market for used cars has been outselling, trend expected to continue
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Sees demand rising but no big bang, says multiple issues affecting disbursement growth such as second Covid wave and chip shortage