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LOS ANGELES (Reuters) - Automakers chasing electric vehicle leader Tesla Inc revealed new, more affordable and larger electric sport utility vehicles at the Los Angeles Auto Show, racing into one of the fastest-growing segments of the U.S. market.
Samsung will build an advanced chip plant in Texas, US as the Biden administration prioritised more chip production to be done in the country.
MUNICH (Reuters) - Whether buying computer chips directly from manufacturers, reconfiguring cars, or producing them with parts missing, automakers are having to get creative to cope with the global shortage of semiconductors.
SEOUL (Reuters) - Samsung Electronics Co Ltd will merge its mobile and consumer electronics divisions, the firm said on Tuesday, naming new co-chief executives in the biggest reshuffle since 2017 to simplify its structure and focus on the logic chip business.
TAIPEI (Reuters) -U.S. Commerce Secretary Gina Raimondo discussed chip supply chains during a call with her opposite number in Taiwan and the two will cooperate on technology trade and investment through a newly established mechanism, her office said.
MILAN (Reuters) - Automaker Stellantis rolled out its software strategy on Tuesday including a 2030 target of 20 billion euros ($22.54 billion) in annual revenue from related products and subscriptions as it takes aim at rival Tesla.
(Reuters) - A German supplier of chemicals and materials used in making semiconductors said on Tuesday that it is investing $1 billion in its U.S. operations and forming a joint venture with data analytics firm Palantir Technologies to solve chip industry supply chain problems.
DETROIT (Reuters) - Ford Motor Co said Tuesday it plans to launch a new subscription software service aimed at small businesses, in collaboration with enterprise software company Salesforce.com Inc.
FRANKFURT (Reuters) - Volkswagen on Wednesday said tight chip supply would continue to pose challenges to Europe's largest carmaker during at least the first half of 2022, while next year as a whole should show a slight improvement.