Auto Chip News Today

Mobileye's 2024 revenue forecast fell short, a sign of troubles ahead for the auto chip industry that helped drive parent Intel's shares lower.

TAIPEI, July 19 — From his small office in Singapore, Kelvin Pang is ready to wager a US$23 million (RM102.4 million) payday that the worst of the chip shortage is not over for...

Global supply and demand for auto chips should reach a “balance” by the fourth quarter of 2021, Taiwan’s government said.

South Korea said on Wednesday it will exempt business people working to secure supply of auto chips from two-week COVID-19 quarantine requirements and prioritise the vaccination of people key to auto chip procurement. The move comes as South Korea tries to limit the damage from a chip shortage that has plagued global automakers and forced production cuts worldwide, including at Volkswagen and General Motors. South Korea's leading automaker Hyundai Motor has so far kept factories running, ...

South Korea said it will exempt business people working to secure supply of auto chips from two-week Covid-19 quarantine requirements and prioritise the vaccination of people key to auto chip procurement.

Taiwan firms are working hard to resolve a shortage of automotive chips, Economy Minister Wang Mei-hua said on Thursday, adding that she understood there had been an improvement in such supplies to auto factories worldwide. Taiwan, home to firms such as Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chip maker, is centrestage for efforts to resolve the shortage. Wang, who has met tech executives to push them to boost auto chip production, told reporters tha...