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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...

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...

Japan asks Taiwan manufacturers to cooperate in chip production

Japan has asked some Taiwanese manufacturers to cooperate in an alternative production of semiconductors, industry minister Hiroshi Kajiyama said on Tuesday (March 30), after a chip plant owned by Ren...

Asian stocks set to rise on firmer U.S. equities, vaccine hopes

Asian markets are set to open higher on Friday (March 26) after U.S. equities rose as investors weighed the outlook for economic growth and inflation and welcomed progress on vaccination rollouts. ...

Asian shares wobble in volatile trade as China tech selloff weighs

Asian equities bounced between gains and losses on Thursday (March 25) as a selloff in Chinese technology shares due to concerns they will be de-listed from U.S. bourses and worries about a semiconduc...

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...

Chip shortage forces Ford to build trucks without computers

DETROIT (AP) — A global semiconductor shortage and a February winter storm have combined to force Ford to build F-150 pickup trucks without some computers. The company says the pick...

News Corp, Fulgent rise; NOV, FuelCell Energy fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: NOV Inc., down $1.75 to $15.18. The maker of equipment for the oil and gas indu...

Taiwan drought to affect Apple, Tesla: Barron’s

TAIPEI (Taiwan News) — The threat of drought in Taiwan is likely to affect the supply of semiconductors for electronics giant Apple Inc. and carmaker Tesla, Barron’s financial magazine rep...

Taiwan occupies key spot in global supply chain for strategic products: Tsai

TAIPEI (Taiwan News) — Taiwan is the source of numerous products of strategic importance, and it therefore occupies a key position in the global supply chain, President Tsai Ing-wen (蔡英文) told t...

Taiwan to continue cooperation with US amid supply chain concerns

TAIPEI (Taiwan News) — Taiwan will continue to work with the U.S. and coordinate on supply chain issues, according to the Ministry of Foreign Affairs (MOFA) on Thursday (Feb. 25). MOFA Spokes...

White House adviser thanks Taiwan for help with chips shortage

TAIPEI (Taiwan News) — Top White House economic adviser Brian Deese wrote a letter to Minister of Economic Affairs Wang Mei-hua (王美花) to thank Taiwan for its offer to help resolve the global aut...

EU wants deal with TSMC or Samsung to reduce reliance on Taiwan

TAIPEI (Taiwan News) — The European Union is considering closing a deal with either Taiwan's Semiconductor Manufacturing Co. (TSMC) or South Korea’s Samsung Electronics Co. to build an...

Ford to cut back F-150 production due to chip shortage

CHARLOTTE, N.C. (AP) — Ford Motor Co. said Thursday that it will cut shifts at two of its U.S. manufacturing plants next week, due to the worldwide chip shortage that has also impacted other automaker...