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The shortages of automotive chips have been improving since the fourth quarter of 2022, while Tesla's plan to significantly cut its SiC consumption is unlikely to undermine the SiC product market's potential, according to DIGITIMES Research's findings.
Yoon Suk-yeol, the South Korean President visits Japan for two days following the announcement to resolve its long-standing dispute with Tokyo due to wartime forced labor.
The country's EV market is set to see record sales of 6.5 million units in 2022, nearly double the 3.52 million units sold in 2021, according to the China Passenger Car Association.
Taiwan's military has fired at Chinese drones in the latest display of escalating tensions between the two forces.
Our everyday vehicles, devices, our cell phones. > reporter: experts warn the lack of production in the u.s. poses a national security risk. tom caulfield is the c.e.o. of global foundries. what stage are we at in this chip shortage? >> takes years to put capacity on. and i think for the bert part of the next five to ten years, we'll be claying supply in this industry, not demand. >> reporter: the u.s. only produces about 12% of the world's chip supply, and it will take years to ramp up production here, which means, for now, americans will still have to pay higher prices on everything from app...