Page 2 - Auto Chips News Today

2/5/2021 5:50:13 AM GMT Asia Market Update: Asia trades generally higher after US gains; USD remains mostly firmer; US jobs data due later today; Biden expected to speak on stimulus. General Trend - Following the mostly positive open, Asian indices have remained generally higher; Nikkei 225 is closer to session highs, Hang Seng has pared gains; ASX 200 closed near session highs - Financials trade broadly higher after the recent rise in longer-term gov’t bond yields - SMIC declines over 6% in ...

Chip shortage to affect global vehicle production into third quarter By Reuters - 03 February 2021 The semiconductor shortage could affect 672,000 units of global light vehicle production in the first quarter of 2021. Image: Guido Vrola / 123rf A shortage of car chips could affect 672,000 units of global light vehicle production in the first quarter, data firm IHS Markit said on Wednesday, warning that the disruption could extend into the third quarter. Ford Motor ...

A group of 15 U.S. senators on Tuesday including Majority Leader Chuck Schumer and Republican John Cornyn urged the White House to work with Congress to address the global semiconductor shortage that is hampering auto manufacturing.

TSMC, the world’s largest contract chipmaker, stated that current production capacity is full, but had assured the ministry that “if production can be increased by optimising production capacity..."