Automotive

Volkswagen lowers sales outlook as chip shortage hits profit

Volkswagen lowered its forecast for deliveries to customers Thursday and reported a decrease in operating profits for the third quarter as the global shortage of semiconductors disproportionately hit the company's business ...

Electronics & Semiconductors

US pressing Taiwanese firms on semiconductors, Commerce chief says

The United States is pressuring Taiwanese semiconductor manufacturers to allocate some of their supply to American automakers grappling with a shortage of the crucial components, US Commerce Secretary Gina Raimondo said Tuesday.

Business

Sales of video games hit UK record in 2020

The video games market in Britain saw record sales of £7 billion ($9.7 billion, 8.3 billion euros) in 2020, as months of lockdown prompted people to invest in new games and consoles.

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