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TOKYO (Reuters) -Nissan Motor Co will slash production at severalfactories in Japan next month, three sources with direct knowledge of the plan told Reuters on Thursday, in the latest hit to an automaker from a global shortage of semiconductors. Japan's third-largest automaker will idle its factory inKyushu, southern Japan, for eight days between May 10 and 19,the sources said, declining to be identified because the plan isnot public.
TOKYO (Reuters) -Renesas Electronics Corp, a major supplier of automotive semiconductors, said on Monday it plans to restore lost production capacity at its fire damaged plant by end-May after restarting production on Saturday.
STOCKHOLM (Reuters) -Sweden's Ericsson on Wednesday reported first-quarter core earnings above market estimates as strong 5G equipment sales offset a loss of royalty income due to a patent fight with Samsung Electronics.
A group of hackers executed a ransomware attack on Hoya Corp, marking the second successful attack suffered by the Japanese firm in two years.
(Reuters) - Texas Instruments Inc reported better-than-expected quarterly revenue on Tuesday, thanks to strong demand for its chips used in personal electronic gadgets such as televisions and PCs.
(Reuters) -Apple Inc on Wednesday posted sales and profits ahead of Wall Street expectations fueled by 5G iPhone upgrades but warned a global chip shortage could dent iPads and Mac sales by several billion dollars.
BERLIN (Reuters) - European industry chief Thierry Breton said on Thursday there are now 22 EU member states joining forces in a new alliance to support the local production and development of semiconductors to reduce the bloc's reliance from foreign suppliers.
TAIPEI (Reuters) -Taiwan's Foxconn said on Wednesday it has formed a joint venture with Yageo Corp to expand its presence in the semiconductor industry, as a global chip shortage rattles producers of goods from cars to electronics.
WASHINGTON (Reuters) -A U.S. legislative proposal to allocate about $110 billion for basic and advanced technology research and science in the face of rising competitive pressure from China will be debated by the Senate Commerce Committee on May 12, sources said on Wednesday.
WASHINGTON (Reuters) -The U.S. auto industry and United Auto Workers union on Friday urged Congress to tie billions of dollars in government funding to boost semiconductor production to help fill the needs of automakers forced to slash production because of chip shortages.