Alexa

Taiwan's TSMC invited to White House summit on chip shortage

TAIPEI (Taiwan News) — Executives from about 20 semiconductor manufacturing companies and automakers, including Taiwan Semiconductor Manufacturing Co. (TSMC), have been invited to join a White H...

Musk statement on Tesla production raises questions

DETROIT (AP) — Tesla CEO Elon Musk is once again drawing scrutiny for questionable comments he made to Wall Street analysts, this time involving the status of his company’s vehicle production. ...

EXPLAINER: Starving for more chips in a tech-hungry world

SAN RAMON, Calif. (AP) — As the U.S. economy rebounds from its pandemic slump, a vital cog is in short supply: the computer chips that power a wide range of products that connect, transport and entert...

Business Highlights

___ US jobless claims up to 744K as virus still forces layoffs WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week to 744,00...

Chip shortage forces more production cuts by General Motors

DETROIT (AP) — The global shortage of semiconductors has forced General Motors to further cut production at six North American factories as chip supplies seem to be growing tighter. ...

Tesla China rival NIO battles chip shortage

TAIPEI (Taiwan News) — China’s top electric vehicle maker, NIO Inc., has cut monthly production by 25 percent due to the global shortage of automotive semiconductors, reports said Wednesda...

Taiwan's Acer sees global chip shortage gradually easing

A global shortage of chips for mid-end consumer products is starting to ease and will be much better come the second half of the year, a senior executive at Taiwan’s Acer Inc, the world’s ...

Auto sales rise 11% in 1Q on strong showing in March

DETROIT (AP) — U.S. auto sales rose more than 11% in the first quarter, as strong March sales far outpaced last year when coronavirus pandemic began. Automakers sold more than 3.9 mi...

EXPLAINER: Starving for more chips in a tech-hungry world

SAN RAMON, Calif. (AP) — As the U.S. economy rebounds from its pandemic slump, a vital cog is in short supply: the computer chips that power a wide range of products that connect, transport and entert...

Taiwan’s TSMC still holding the cards despite Intel’s foundry intentions

TAIPEI (Taiwan News) — Despite Intel’s plan to get back into the foundry business, Taiwan Semiconductor Manufacturing Co. (TSMC) remains in a dominant position. New Intel CEO Pat Gelsin...

Path from Clinton to Biden takes U-turn on debt, trade, more

WASHINGTON (AP) — When Bill Clinton spoke of how to build a bridge to the 21st century, it was to be constructed with balanced budgets, welfare recipients who found jobs and expanded global trade. ...

L Brands, Oxford Industries rise; MSG Networks, NIO fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: NIO, down $1.81 to $36.13. The Chinese electric vehicle maker is temporarily sus...

Photo of the Day: Buff Taiwan flexes muscles on world stage

TAIPEI (Taiwan News) — Chip shortages, a new Suez Crisis, Taiwanese pineapples, and "Salmoners" have inspired a meme this week boasting how Taiwan has been punching above its weight on...

Auto industry braces for more chip shortages after fire

NEW YORK (AP) — A fire at a plant owned by Japanese chipmaker Renesas could deepen the ongoing global semiconductor shortage that has especially hampered automobile production. The c...

South Korea wants Taiwan’s help with semiconductor shortage

TAIPEI (Taiwan News) — South Korea has become the latest country to ask Taiwan to help solve the global shortage in automotive semiconductors, reports said Friday (March 19). Car manufacturer...