Tag Archives: chip shortage

No word on when chip shortage to end, auto industry slows production

Nio, Shanghai-based manufacturer of electric vehicles, and Stellantis NV were the latest to join the bandwagon of car producers to declare a tapering down of new production, in the wake of a worldwide scarcity of semiconductor chips. Stellantis confirmed on Mar 26 that it would temporarily halt production at its five plants in North America […]

Industries grappling with deepening chip shortage

The global economy is now likely to bounce back to the pre-pandemic level as more and more people are vaccinated, but various industry sectors, including electronics and cars, are grappling with semiconductor shortages and supply chain deterioration.The shortages come as chip makers have given priority to chips for IT devices and home appliances, which have […]