Why the semiconductor shortage won't end soon
Your smartphone? It runs on a semiconductor. The innards of your PlayStation? It runs on a semiconductor. The display in your car? Yes, that too runs on a semiconductor.
Mar 22, 2021
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Your smartphone? It runs on a semiconductor. The innards of your PlayStation? It runs on a semiconductor. The display in your car? Yes, that too runs on a semiconductor.
Mar 22, 2021
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Taiwan's drive to plug a global shortage of microchips has hit a snag—a lack of water for its foundries caused by a drought.
Feb 25, 2021
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Prices of popular gadgets such as PlayStations and iPhones could rise because of microchip shortages caused by a "perfect storm" of coronavirus-driven demand, supply chain disruptions and trade war stockpiling, experts warn.
Feb 18, 2021
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Toyota said Wednesday that net profit soared 50 percent in the third quarter and upgraded its full-year forecasts as the global auto industry gradually recovers from the coronavirus pandemic.
Feb 10, 2021
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Tesla helped push bitcoin to an all-time high Monday after the carmaker announced a $1.5 billion investment in the digital money and plans to accept the cryptocurrency from customers buying its electric vehicles.
Feb 8, 2021
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Japan's Toyota reclaimed the title of world's top-selling automaker in 2020, according to data released by the firm on Thursday, pushing Volkswagen into second place for the first time in five years.
Jan 28, 2021
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As China pushes the world to avoid official dealings with Taiwan, leaders across the globe are realizing just how dependent they've become on the island democracy.
Jan 27, 2021
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For decades, the attitude of unions and their advocates to increased automation could be summed up in one word: no. They feared that every time a machine was slipped into the workflow, a laborer lost a job.
Dec 16, 2020
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The nation's first regional hub for "flying cars" is being built in central Florida and once completed in five years, the vehicles will be able to take passengers from Orlando to Tampa in a half hour, officials said Wednesday.
Nov 12, 2020
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Crisis-hit Japanese automaker Nissan warned on Tuesday of a massive $6.4 billion net loss for the current fiscal year as it reels from the impact of the coronavirus pandemic.
Jul 28, 2020
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The automotive industry designs, develops, manufactures, markets, and sells the world's motor vehicles. In 2008, more than 70 million motor vehicles, including cars and commercial vehicles were produced worldwide.
In 2007, a total of 71.9 million new automobiles were sold worldwide: 22.9 million in Europe, 21.4 million in Asia-Pacific, 19.4 million in USA and Canada, 4.4 million in Latin America, 2.4 million in the Middle East and 1.4 million in Africa. The markets in North America and Japan were stagnant, while those in South America and Asia grew strongly. Of the major markets, Russia, Brazil, India and China saw the most rapid growth.
About 250 million vehicles are in use in the United States. Around the world, there were about 806 million cars and light trucks on the road in 2007; they burn over 260 billion gallons of gasoline and diesel fuel yearly. The numbers are increasing rapidly, especially in China and India. In the opinion of some, urban transport systems based around the car have proved unsustainable, consuming excessive energy, affecting the health of populations, and delivering a declining level of service despite increasing investments. Many of these negative impacts fall disproportionately on those social groups who are also least likely to own and drive cars. The sustainable transport movement focuses on solutions to these problems.
In 2008, with rapidly rising oil prices, industries such as the automotive industry, are experiencing a combination of pricing pressures from raw material costs and changes in consumer buying habits. The industry is also facing increasing external competition from the public transport sector, as consumers re-evaluate their private vehicle usage. Roughly half of the US's fifty one light vehicle plants are projected to permanently close in the coming years with the loss of another 200,000 jobs in the sector, on top of the 560,000 jobs lost this decade. As a result, in 2009, China became the largest automobile market in the world.
This text uses material from Wikipedia, licensed under CC BY-SA