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Europe needs to stump up cash to boost its chip industry, a board member of the continent’s largest carmaker Volkswagen said, pointing to a global semiconductor shortage that has highlighted dependence on foreign players.
Europe needs to stump up cash to boost its chip industry, a board member of the continent's largest carmaker Volkswagen said, pointing to a global semiconductor shortage that has highlighted dependence on foreign players. "We won't produce chips ourselves," Markus Duesmann, Volkswagen's board member in charge of research & development and head of luxury unit Audi, told Reuters. "But of course we would like to have strong chipmakers that are at least on par with Asia and the United States." "Ultimately technology is decisive for the success of the group," he said, adding Europe should be le...
Hit by shortage, Volkswagen demands boost to Europe chip sector By Jan Schwartz and Christoph Steitz FILE PHOTO: VW shows electric SUV "ID 4" during a photo workshop FRANKFURT (Reuters) – Europe needs to stump up cash to boost its chip industry, a board member of the continent’s largest carmaker Volkswagen said, pointing to a global semiconductor shortage that has highlighted dependence on foreign players. “We won’t produce chips ourselves,” Markus Duesmann, Volkswagen’s board member in charge of research & development and head of luxury unit Audi, told Reuters. “But...
Volkswagen wants to challenge Google with its own autonomous car software By Reuters Share HAMBURG - Volkswagen plans to develop most of the software needed for autonomous cars in-house, Audi boss Markus Duesmann said on Tuesday. The carmaker is not rejecting collaborations in some areas outright, said Duesmann, who as well as running Audi is also on Volkswagen's management board, where he is responsible for research and development. "But we'll make the bulk of the software on our own in the future," he said during an industry event. Asked whether Volkswagen was looking to Alphabet's Google a...
Also in today's EMEA regional roundup: BT launches "unbreakable" Wi-Fi; Sparkle supplies voice services to EU satnav agency; Mobily extends billing deal with CSG. Telia has teamed up with Nokia and business connectivity company Digita to jointly launch a range of new private mobile network services to enterprises and non-commercial organizations across Finland. Mines, ports, factories and hospitals are all being targeted. According to Telia, the first such 5G standalone private networks are currently being tested, while Telia and Digita are already building a private 5G network for cargo-hand...