Page 5 - Chip Supply News Today

Toyota is scaling back production in Japan for the next three months as it deals with a chip supply shortage.

Toyota is scaling back production in Japan for the next three months as it deals with a chip supply shortage.

A Chinese state-run media disclosed that China’s continued reliance on chip imports could be “fatal” to its automotive industry and national economy.

TAIPEI—U.S. Commerce Secretary Gina Raimondo discussed chip supply chains during a call with her opposite number in Taiwan and the two will cooperate on technology trade and investment through a newly established mechanism, her office said.

When semiconductor shortages began to hit automakers and other customers late last year, executives voiced optimism that supplies would quickly return to normal. They’re still waiting.

Plunge in supply, its something tiny. >> your entire life runs on semiconductors. taiwan makes 60% of the worlds semiconductors, but rising tensions with china means global anxiety about the chip supply and the pandemic was a taste of what life was like, when covid struck the pcs and the devices we use to work from home and away from toys, electronics appliances cars. >> it was a pressure test of the system. >> absolutely. absolutely and frankly, we failed. >> which is why intel is working to br...

>> surprised to find there is nothing out there. >> reporter: or maybe nothing at all theyre thinking of going from two cars to one. typically a car dealership would have hundreds of new models for sale but today because of the chip shortage, dealerships look like this thats because two years ago before the pandemic, about 3.5 million new vehicles were for sale nationwide toyota sales manager says the shortage has been a shockwave through the industry. >> from service, our lot attendance. >> rep...

Bosch China believes that the continuous chip crisis will extend by 2022. Bosch China said the ongoing global chip shortage would continue to hit more Chinese car manufacturers in 2022.

Read the latest Microchips headlines - updated 24/7/365. We link to the best sources from around the world. Get the latest on semiconductors...

Produce the goods and its also having an impact on the labor needed to move and distribute them, plus there are reverberations, port congestion so thats throwing the whole ocean shipping ecosystem that so much of global trade relies on. thats sort of in upheaval and there are slowdowns there so its also converging whether its a factory shut down because of covid that means another -- another -- you know, a retailer cant get clothes or if thats affecting the chip supply that goes into everything ...