Toyota to cut Sept production by 40% as virus hits supply chain
Toyota said Thursday it will cut global auto production by 40 percent in September as the spread of coronavirus in Southeast Asia squeezes its supply chain.
Aug 19, 2021
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Automotive
Toyota said Thursday it will cut global auto production by 40 percent in September as the spread of coronavirus in Southeast Asia squeezes its supply chain.
Aug 19, 2021
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Business
Samsung Electronics expects operating profits in the third quarter to fall 31.7 percent, the South Korean tech giant said in a statement Friday, after a global economic downturn hit demand for consumer electronics.
Oct 7, 2022
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Engineering
Who has not unleashed their inner Jedi to use "the force" to open automatic doors at the shopping mall? A novel magnetic skin has been developed at KAUST that can remotely control switches and keyboards with the wave of a ...
Nov 12, 2019
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Business
The world's second-largest memory chip maker, South Korea's SK Hynix, said on Thursday it had returned to profit after four consecutive quarters of losses driven by demand for chips used in artificial intelligence.
Jan 25, 2024
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Business
The shortage in computer chips needed to make the Nintendo Switch machine is a serious problem unlikely to be resolved soon, the president of the Japanese video-game maker said Friday.
Nov 5, 2021
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Business
South Korean computer chipmaker SK Hynix said Wednesday it might be forced to sell its manufacturing operations in China if a U.S. crackdown on exports of semiconductor technology and manufacturing equipment to China intensifies.
Oct 26, 2022
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Business
The United States announced on Monday grants of up to $6.4 billion to South Korean semiconductor giant Samsung to produce cutting-edge chips in Texas.
Apr 15, 2024
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Business
Samsung Electronics said Friday it expects second-quarter operating profits to rise more than 15-fold on-year as chip prices bounce back and demand for generative AI continues to grow.
Jul 5, 2024
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Automotive
Citing an improved supply of automotive computer chips, General Motors raised its financial guidance on Wednesday and said it expects to return to a normal production rate by the end of next year.
Dec 1, 2021
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Electronics & Semiconductors
President Joe Biden used a virtual meeting with corporate leaders about a global shortage of semiconductors to push Monday for his $2.3 trillion infrastructure plan, telling them that the U.S. should be the world's computer ...
Apr 12, 2021
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