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Stellantis looks to revenue-generating software for its cars
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.
German chip chemical supplier to spend $1 billion in U.S., pairs with Palantir on supply chain data
(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.
Ford partners with Salesforce to expand software business
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.
Volkswagen expects chip supply to be challenging at least until end-H1
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.
Apple inches closer to $3 trillion market cap
(Reuters) - Apple Inc is within striking distance of a $3 trillion market capitalization, a milestone that would make it as big as the world's fifth largest economy after Germany, just over a year after breaching the $2 trillion mark.
VW Americas CEO sees chip shortage lasting into 2022, but industry protecting margins
DETROIT (Reuters) - Volkswagen AG's Americas chief sees the global chip shortage lasting into the third quarter of next year, but believes the auto industry will maintain the discipline that has led to strong vehicle pricing and corporate profits even when the flow of semiconductors returns to normal.
Intel CEO to visit Taiwan for talks crucial to turnaround bid
Intel Corp chief executive officer Pat Gelsinger will visit Taiwan and Malaysia next week for talks that show how manufacturing in Asia is crucial to his efforts to turn around the fortunes of the world’s largest chipmaker by revenue.
VW's SEAT adds output curbs in December as chip shortage lingers
BARCELONA (Reuters) - Volkswagen's Spanish unit SEAT has added new output curbs at its main assembly car plant near Barcelona in December, closing its factory for five days, because of global semiconductor supply bottlenecks, the company said on Monday.
German chip chemical supplier Merck to invest 500 million euros in Taiwan
TAIPEI (Reuters) - German supplier of chemicals and materials used in making semiconductors, Merck KGaA, announced on Tuesday it is to invest 500 million euros in Taiwan over the next five to seven years, primarily in semiconductor technologies.
Intel to invest US$7bil in new plant in Malaysia, creating 9,000 jobs
Intel Corp will invest more than US$7bil (RM29.61bil) to build a new chip-packaging and testing factory in Malaysia, chief executive Pat Gelsinger said on Dec 16, expanding production in the country following a global shortage of semiconductors.
