Auto Chip News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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, but a Hyundai union official told Reuters on Tuesday that overtime production of less-popular models...

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.