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...
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...
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...
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...