semiconductors

BOJ policymaker warns of global impact from chip crunch, Asia factory closures

A shortage of semiconductor chips may persist for the rest of this year if the coronavirus pandemic keeps Southeast Asian…

4 years ago

Japan’s private-sector activity hit by COVID-19 surge – PMI

TOKYO, Aug 23 (Reuters) - Japan's factory activity growth slowed in August, while that of the services sector shrank at…

4 years ago

German industrial orders bounce back, but supply bottlenecks weigh

German industrial orders rose more than twice as much as expected in June, driven by bookings from domestic clients for…

4 years ago

Daimler reports Q2 preliminary adjusted EBIT of $6.42 bln

Mercedes-Benz maker Daimler AG (DAIGn.DE) on Thursday reported preliminary adjusted group earnings before interest and tax (EBIT) of 5.42 billion…

4 years ago

U.S. consumer prices post largest gain in 13 years; inflation has likely peaked

U.S. consumer prices increased by the most in 13 years in June amid supply constraints and a continued rebound in…

4 years ago

Volkswagen’s Mexico unit says it will resume production that was hit by chip shortage

Volkswagen AG's (VOWG_p.DE) Mexico unit said on Sunday it expects to restart production of three segments from next week and…

4 years ago

U.S. senators propose 25% tax credit for semiconductor manufacturing

A bipartisan group of U.S. senators on Thursday proposed a 25% tax credit for investments in semiconductor manufacturing as Congress…

4 years ago

Ford sees better-than-expected quarterly profit on higher vehicle prices

Ford Motor Co (F.N) said on Thursday its second-quarter operating profit will exceed expectations due to lower costs and rising…

4 years ago

Mexican auto parts lobby sees chip supply crunch over by December

Mexico's main autopart association INA forecasts that the severe semiconductor chip shortage that has slammed the brakes on the global…

4 years ago

U.S. stocks end lower ahead of inflation report

Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when…

4 years ago