One Data and VW Group announce cooperation to solve uneven distribution of critical components
One Data's AI matching platform Wavetrade allows semiconductors and chips to be exchanged, purchased and sold
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One Data's AI matching platform Wavetrade allows semiconductors and chips to be exchanged, purchased and sold
MUNICH, Germany, Sept. 26, 2023 (GLOBE NEWSWIRE) -- At its annual Technology Summit in Europe beginning September 27th, GlobalFoundries (GF) (Na...
Volkswagen, the German automotive giant, has taken a strategic step to ensure a stable supply of crucial semiconductor chips
The Volkswagen Group is reorganizing its procurement of electronic parts and semiconductors to ensure supply over the long term and, in doing so, securing itself a leading position in terms of technology as well as competitiveness. To this end, the Group has developed a new strategy for the procurement of parts with electronic components.
The German carmaker, which previously relied on its component suppliers to purchase chips, began striking direct deals with chipmakers last October to ensure its supply was secure, according to Karsten Schnake, head of a Volkswagen-wide taskforce for component supply founded in 2022.