Amid a global shortage of semiconductors, the U.S. auto manufacturing industry is scaling back production this month, including that of the top-selling U.S. vehicle
SOURCE / COMPANIES By GT staff reporters Published: Feb 04, 2021 09:38 PM
A Qualcomm booth at an exhibition in Guangzhou, capital of South China s Guangdong Province Photo: IC
Chipmaker Qualcomm on Wednesday reported fiscal first-quarter results that slightly missed expectations while forecasting a strong quarter ahead. Chinese analysts warned that the US technology giant may still heavily rely on China to achieve its performance goals in the coming year.
Sales in the fiscal first quarter (September 28-December 27, 2020) rose by 62 percent year-on-year to $8.24 billion. Net income more than doubled to $2.46 billion.
The performance slightly missed Wall Street s sales expectations of $8.27 billion, according to a report from the Wall Street Journal, citing analysts surveyed by FactSet.
President Trump’s top officials have launched a fresh clampdown on suppliers to Huawei as they prepare to leave office tomorrow.American companies including Intel, the microchip group, are said to
The FAB Challenge
Lack of semiconductor manufacturing is turning out to be the biggest hurdle in India s tryst with self-reliance in electronics. It requires out of the box thinking by government and industry
Illustration by Raj Verma
India s largest automotive component maker Bosch faced an unforeseen situation in early December - shortage of semiconductor components. The reason was surge in demand for consumer electronics globally due to work from home and rise in adoption of 5G in household appliances.
This could not have come at a more inappropriate time. Demand for automobiles was just beginning to rebound after a torrid first half of the year when production was disrupted due to lockdown in April-May. Another disruption can impair the recovery, which is what Bosch warned in a letter to market regulator Sebi. Imports of Bosch Ltd have been impacted with severe shortage of imported micro-processors (semiconductors), leading to reduced ability to deliver to the automotive