WASHINGTON—General Motors Co. Chief Executive Mary Barra said Friday the largest U.S. automaker plans to make changes in its supply chain as it works to address the continuing semiconductor chip crisis that has forced significant production cuts. “We’re going to make some pretty substantial shifts in our supply chain,” Barra said in an online interview….
Barra: GM Will Make ‘Substantial Shifts’ in Supply Chain Over Chips
Toyota Cuts Production Target by 3 Percent on Parts and Chips Shortages
TOKYO—Toyota Motor Corp. cut its annual production target by 300,000 vehicles on Friday as rising COVID-19 infections slowed output at parts factories in Vietnam and Malaysia, compounding a global shortage of auto chips. “It’s a combination of the coronavirus and semiconductors, but at the moment it is the coronavirus that is having the overwhelming impact,”…
Tiny Chips Cast Big Shadow Over Munich Car Show
MUNICH—As carmakers gathered in Munich on Monday to launch almost exclusively zero- or low-emission vehicles, an ongoing semiconductor shortage cast a long shadow over the first major car show since before the pandemic began. Forced to shut down plants last year, carmakers now face increasing competition from the consumer electronics industry for chip deliveries. That…
Former Top Pentagon Scientist Casts Doubt on Subsidizing Chip Manufacturing
Amid a growing push in Washington to subsidize domestic computer chip production so the United States can maintain its technological lead over China, a prominent former U.S. government scientist has warned that such a policy could be counterproductive and antithetical to American values. Nineteen trade associations urged congressional leaders in a joint letter dated July 22 to…
Former top Pentagon Scientist Casts Doubt on Subsidizing Chip Manufacture
There is a growing push in Washington to subsidize domestic computer chip production so the United States can maintain its technological lead over China, but a prominent former government scientist has warned that such a policy could be counterproductive and antithetical to American values. On Thursday morning, 19 trade associations wrote a joint letter to…
NTD Business Full Broadcast (July 13)
Earnings season is back. We take a look at how JP Morgan Chase and Goldman Sachs performed in the latest quarter. Inflation picking up speed. U.S. consumer prices jumped by the most in 13 years. Why the surge, and will it continue? We talk to some experts. Boeing finds a new problem with its 7-87 Dreamliner…
Chinese Threat Against Taiwan Too ‘Dangerous’ to Ignore
WASHINGTON—The global computer chip shortage has boosted the economic and strategic importance of Taiwan, which is home to some of the world’s largest and most advanced chip foundries. With the increased Chinese aggression against Taiwan in recent months, the island’s independence and democracy have never been so important to Western countries. Taiwan is now the “most…
Global Chip Shortage Underscores Need to Diversify US Chip Supply Chain
Commentary The ongoing global chip shortage has highlighted the United States’ dependence on a fragile global supply chain of semiconductor manufacturing concentrated in Asia. Amid this environment, China’s increasingly combative stance against Taiwan—along with its massive domestic investment into chipmaking—is a key risk to the security of America’s chip supply. The worsening global computer chip…
Global Chip Shortage Underscores Need to Diversify US Supply Chain
Commentary The continuing global semiconductor shortage has highlighted the United States’ dependence on a fragile global supply chain of chip manufacturing that’s concentrated in Asia. Amid this environment, China’s increasingly combative stance against Taiwan—along with its massive domestic investment into chipmaking—is a key risk to the security of America’s chip supply. The worsening global computer…
GM Hit by Chip Shortage, to Cut Production at Four Plants
DETROIT—General Motors Co became the latest automaker hit by the global shortage of semiconductor chips as the U.S. automaker said on Feb. 3 it will take down production next week at four assembly plants. GM said it will cut production entirely during the week of Feb. 8 at plants in Fairfax, Kansas; Ingersoll, Ontario; and…
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