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Chip shortages expose Achilles heel of Germany s recovery Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
A Volkswagen assembly line after the factory resumed operations following a coronavirus-induced shutdown in Wolfsburg, Germany, in April last year. | POOL / VIA REUTERS
Reuters May 1, 2021
BERLIN – Germany has boomed on the back of globalization, but now the worldwide web of supply chains that turbo-charged its economy could prove to be a critical weakness.
Shortages of semiconductors and other industrial components are threatening to derail the country’s economic recovery, forcing executives and policymakers to rethink supply lines and try to reduce reliance on a handful of Asian and U.S. suppliers.
Chip shortages expose Achilles heel of Germany s recovery japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.
(United Microelectronics Corp. photo) (United Microelectronics Corp. photo) Taiwan chipmaker United Microelectronics Corp 2303.TW said on Wednesday (April 28) it will spend NT$100 billion ($3.59 billion) over the next three years to expand capacity at a plant in southern Taiwan amid a global chip shortage. Co-president Jason Wang told an earnings call the expansion will take place at an existing UMC facility in the Tainan Science Park, with production scheduled to start from the second quarter of 2023. UMC s total investment in the science park will reach $T150 billion over the next three years, he added. Amid the semiconductor component shortage, we are working with our customers, suppliers, and partners to alleviate the capacity tightness across the supply chain, Wang said.
Taiwan chipmaker UMC to spend $3.6 billion to expand capacity By Syndicated Content
Apr 28, 2021 | 5:34 AM
TAIPEI (Reuters) â Taiwan chipmaker United Microelectronics Corp said on Wednesday it will spend T$100 billion ($3.59 billion) over the next three years to expand capacity at a plant in southern Taiwan amid a global chip shortage.
Co-president Jason Wang told an earnings call the expansion will take place at an existing UMC facility in the Tainan Science Park, with production scheduled to start from the second quarter of 2023.
UMCâs total investment in the science park will reach $T150 billion over the next three years, he added.