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Volkswagen's strong sales, including of its electric vehicles, is set to be stymied by the worsening shortage of semiconductor chips.
SEOUL (Reuters) -Samsung Electronics Co Ltd on Thursday forecast strong demand for memory chips in the second half and a recovery in the mobile market to 2019 levels, in a sign the global economy is getting back on track from the coronavirus pandemic.
(Reuters) - The global chip shortage has grounded major automotive factories to a halt but pushed technology giants to become more flexible by diverting existing supplies to their most profitable products, analysts and executives said.
China’s tech giants go on hiring spree for fresh graduates despite Beijing’s crackdown on the sector
Alibaba, ByteDance, JD.com and Meituan are hiring thousands of new graduates as competition for new talent heats up. Amid a historic crackdown on China’s tech sector, companies are also working to eliminate 996 work culture and answer Beijing’s call to boost employment.
SEOUL (Reuters) - SK Hynix said on Tuesday it expects strong memory chip demand to run on for the rest of 2021 on data centre build-outs and the use of more sophisticated chips in smartphones, as it reported its biggest quarterly profit in more than two years.
SEOUL (Reuters) - South Korea will look to tighten a crackdown on tax evasion by cryptocurrency investors and high-income earners as it seeks fresh revenue to cover rising welfare costs, its finance ministry said on Monday.
(Reuters) -Two major chipmakers this week gave very different views of whether soaring demand for semiconductors will start to ease in the second half of the year, and it may take another round of earnings next week to settle the question.
Chipmakers from Taiwan to the US are cranking up production to address shortages that have hammered automakers and other customers as they try to emerge from the coronavirus pandemic.
BERLIN (Reuters) - BMW said on Tuesday nearly all its German plants were affected by an ongoing shortage of semiconductors that are currently preventing the luxury carmaker from completing around 10,000 cars.
As Tokyo again prepares to host the Games this week, Japan is in a technological funk. Its heyday of setting the pace in televisions, recording devices and computers is far behind it.