Semiconductor sales may rise 14pc to hit $676bn in 2022: report
The global semiconductor market, which was upended by Covid-induced supply chain frictions in 2020 and 2021, is projected to reap nearly 14 percent more in...
chip shortage
Chip crunch forces Honda to downgrade profit forecast
TOKYO: Japanese carmaker Honda revised its annual profit forecast downwards on Friday, warning it sees no immediate end to the chip shortage and supply-chain issues...
General Motors Q3 profit drops amid semiconductor crunch
NEW YORK: General Motors saw a drop in third-quarter profits amid falling car sales caused by the global semiconductor crunch that is expected to persist...
Global chip shortage to stay for 2 to 3 years
Semiconductor chips are vital components in new cars and are widely used in infotainment systems, power steering and brakes. An average vehicle may have hundreds...