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MEXICO CITY (Reuters) - Mexico's main autopart association INA forecasts that the severe semiconductor chip shortage that has slammed the brakes on the global auto industry will subside in July and return to normal by the end of this year.
The US' Democratic Party are pushing to pass legislation to boost its semiconductor industry, as part of a US$250bil (RM1.02tril) package meant to improve the country's innovation.
ZURICH (Reuters) - The global shortage of semiconductor chips could last three to six months, Logitech Chief Executive Bracken Darrell told Swiss newspaper Finanz und Wirtschaft, with some industries facing shortages of up to a year.
(Reuters) -General Motors Co said Thursday it will be soon be restarting production at five assembly plants around the world that have been idled due to a global semiconductor chips shortage.
MEXICO CITY (Reuters) - Volkswagen's Mexico unit expects adjustments from June for its three production segments due to an ongoing global semiconductor chip supply crunch, the German automaker said on Friday.
BERLIN (Reuters) - German Chancellor Angela Merkel expressed concern on Wednesday that Europe cannot make the semiconductor chips and batteries it needs to compete for the production of cars as well as the development of smart appliances.
(Reuters) - Iliad flagged a cut in its free cash flow target for this year as the French telecoms group steps up its spending on 5G networks, sending its shares sharply lower on Tuesday.
DETROIT (Reuters) - Electric car maker Fisker Inc has finalized its vehicle-assembly deal with Foxconn Technology Co Ltd, including plans to open a U.S. plant in 2023, the companies said on Thursday.
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.
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.