It is starting to look like a chip race is looming, now that South Korea unveiled ambitious plans to spend roughly $450 billion to build the world's biggest chipmaking base over the next decade.
Save our car industry before anyone else
The US Commerce Department is pressuring Taiwan Semiconductor Manufacturing and other Taiwanese firms to prioritise US carmakers to ease chip shortages in the near term.
STMicroelectronics, NXP, Infineon and ASML involved
The European Union is considering creating a semiconductor alliance including STMicroelectronics, NXP, Infineon and ASML to cut dependence on foreign chipmakers amid a global supply chain crunch, four EU officials said.
Huawei has blamed the US for the chip crunch rocking the global tech industry.
Given the coronavirus response, they might as well ask the cat
A US auto industry group on Monday urged the government to help as it warned the global semiconductor shortage could result in 1.28 million fewer vehicles built this year and disrupt production for another six months.
Set up a plant and we will give you a billion dollars
India is offering more than $1 billion in cash to each semiconductor company that sets up manufacturing units in the country as it seeks to build on its smartphone assembly industry and strengthen its electronics supply chain.
Considers holding off on new Note
Samsung has warned that it is having a serious imbalance in semiconductors globally and is thinking about having to skip the introduction of a new Galaxy Note.
The US really shouldn't have pulled the tiger's tail
The US government is probably going to regret trying to starve China of chip technology as part of its ongoing trade war. TikTok-owner ByteDance is making plans to develop semiconductors, according to the company’s job postings.
No problem for us
The global semiconductor chip shortage is not likely to significantly affect the financial profiles of Japan’s Toyota or Honda.
Adolf Hitler's favourite car company Volkswagen, said bad planning on the part of its suppliers has compounded a computer chip shortage blighting the global auto industry, claiming it gave ample notice that the coronavirus’ hit to car production would be limited.