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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.
SEOUL (Reuters) -Samsung Electronics on Thursday raised its planned investment in non-memory chips to 171 trillion won ($151 billion) through 2030, joining a rush of firms ramping up investments amid a global semiconductor shortage.
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(Reuters) - Some of the world's biggest chip buyers, including Apple Inc, Microsoft Corp and Alphabet Inc's Google, are joining top chip-makers such as Intel Corp to create a new lobbying group to press for government chip manufacturing subsidies.
Apple’s attempt to diversify manufacturing to India is being stymied by New Delhi’s coronavirus crisis
Apple has been hit by Covid-19 infections at two of its India plants, according to Taiwan media report. The coronavirus wave is likely to slow handset manufacturing production in India and weaken consumer demand, analysts say.
BARCELONA (Reuters) - Spain is moving aggressively to land new battery and electric vehicle plants, using billions of European Union pandemic relief funds to avoid being left behind as the global auto sector undertakes the biggest technology transformation in a century.
WASHINGTON (Reuters) - Some critical industries could suffer if the U.S. government uses a national security law to redirect scarce computer chips to the auto industry, a senior administration official told Reuters.
WASHINGTON (Reuters) - The U.S. Commerce Department is pressing Taiwan Semiconductor Manufacturing Co Ltd and other Taiwanese firms to prioritise the needs of U.S. automakers to ease chip shortages in the near term, Commerce Secretary Gina Raimondo said.
TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is planning to build several more chipmaking factories in the U.S. state of Arizona beyond the one currently planned, three people familiar with the matter told Reuters.
BRUSSELS/BERLIN (Reuters) -Intel wants 8 billion euros ($9.7 billion) in public subsidies towards building a semiconductor factory in Europe, its CEO was cited as saying on Friday, as the region seeks to reduce its reliance on imports amid a shortage of supplies.