Participants in Secretary of Commerce Gina Raimondo's meeting included Detroit's Big Three automakers, plus Apple, Daimler, BMW, GlobalFoundries, Micron, Microsoft, Samsung , TSMC, Intel, and Ampere
Shortage costs balloon more than 90%; sales to suffer
A top company executive said that it is also going to expand its presence in the electric vehicle space by launching a new car in the below Rs 20 lakh category
Chip lead times, the gap between ordering a semiconductor and taking delivery, increased by 6 days to about 21 weeks in August from the previous month
Maruti Suzuki India on Wednesday said its total production in August declined by 8 per cent on a yearly basis to 1,13,937 units as semiconductor shortage impacted its manufacturing schedules.
Auto sector to be among the most affected by the crisis
India needs to create a semiconductor ecosystem to avoid being crippled by the kind of shortages that have hit industries across the globe. But is the plan sound enough this time? Let's understand
What does telecom relief mean for Vodafone Idea's future? Should India's semiconductor plan really get us excited? Who gained the most from digitisation? Listen to the podcast to get the answers
Everybody in the ecosystem is hoarding, or buying excess chips. Some are even buying four times their usual requirements
Nan Ya Printed Circuit Board Corp. makes an essential component for chipmaking that has become the latest bottleneck for automakers and electronics companies suffering from semiconductor shortages
Festive season this year is likely to see fewer launches by smartphone companies and prices of existing devices could rise by 7-10 per cent as players are grappling with severe shortage of components
In this podcast, we discussed why there is a semiconductor shortage and what are its impact
Declining trend in royalty payment unlikely to cushion the fall
Automakers Daimler and BMW are planning to limit the volume of premium models they ship even as chip shortages wane across the industry
The 4G-enabled smartphone, to be priced below Rs 5,000, is crucial to Jio's strategy as it aims to win over 300 million 2G customers
The total wholesales across categories, excluding commercial vehicles, declined to 1,586,873 units last month, compared to 1,790,115 units in August 2020.
This will hit the affordable 4G segment phones particularly hard as they use a lot of low-priced high nanometer chips which are in even more short supply
Indian conglomerate Reliance Industries delayed the launch of a low-cost smartphone it is developing with Google to November, citing an industry-wide semiconductor shortage.
Automobile wholesales in India declined 11 per cent year-on-year in August, as the semiconductor shortage hit production processes across the industry, SIAM said on Friday.
Toyota Motor Corp cut its annual production target by 300,000 vehicles on Friday as rising Covid slowed output at parts factories in Vietnam and Malaysia, compounding a global shortage of auto chips.