Electronics & Semiconductors

Taiwanese supplier to chip producers announces expansion

GlobalWafers Co., which supplies silicon wafers to semiconductor manufacturers, says it will invest $3.6 billion in facilities in Asia, the United States and Europe after its attempt to acquire Germany's Siltronic AG failed.

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 ...

Energy & Green Tech

Europe powers up electric car battery drive

As electric car sales soar, Europe has started to build up its capacity to produce batteries on the continent but it remains far from reducing its dependence on Asia.

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