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VILLACH, Austria: Germany's Infineon opened a 1.6 billion euro ($1.9 billion) plant in Austria on Friday, boosting its ability to supply power chips for cars, data centres and renewable power.
WASHINGTON (Reuters) - General Motors Co Chief Executive Mary Barra said Friday the largest U.S. automaker plans to make changes in its supply chain as it works to address the continuing semiconductor chip crisis that has forced significant production cuts.
VILLACH, Austria (Reuters) - Infineon Technologies opened a 1.6 billion euro ($1.9 billion) plant in Austria on Friday, boosting the German semiconductor company's ability to supply power chips for cars, datacenters and renewable power generation.
Elon Musk praised Chinese automakers as “the most competitive in the world” at an online forum Friday, where the Tesla Inc chief also touched upon data security and the nation’s “great potential” as a market for electric vehicles.
KUALA LUMPUR: BSL Corporation Bhd, which has been on an uptrend, rose 8.5% to record high in early trade Friday.
Czech carmaker Skoda Auto, part of the Volkswagen group, will halt production at two domestic plants for a week at the end of September due to chip shortages, the company said
(Reuters) - Semiconductor shortages and the delayed packaging and testing of the chips will cause production of global light vehicles to drop by five million this year, data firm IHS Markit said on Thursday, marking the biggest cut to its outlook in nine months.
NAN Ya Printed Circuit Board Corp is hardly a household name in the tech industry. But the obscure Taiwanese company makes an essential component for chipmaking that has become the latest bottleneck for automakers and electronics companies suffering from semiconductor shortages.
KUALA LUMPUR: BSL Corp Bhd (BSL Corp), which recently announced a proposed corporate exercise aimed at increasing its exposure in the semiconductor industry, expects to have its sector reclassified to Technology – Semiconductors soon.
Stocks were mostly lower in Asia on Thursday after Japan and China released data that were weaker than expected.