Global chip supply to be hit, chipmakers in drought-hit Taiwan face water crisis
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) , the world s largest contract chipmaker, this week started ordering small amounts of water by the truckload to supply some of its facilities across the island.
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. Updated: 24 Feb 2021, 11:54 AM IST Reuters
Due to drought Taiwan, a key hub in the global technology supply chain for giants such as Apple, will begin on Thursday to further reduce water supply for factories in central and southern cities where major science parks are located
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Taiwan chipmakers are buying water by the truckload for some of their foundries as the island widens restrictions on water supply amid a drought that could exacerbate a chip supply crunch for the global auto industry. Some auto makers have already been forced to trim production, and Taiwan had received requests for help to bridge the shortage of auto chips from countries inclu
The micro OLED project with TSMC is currently at the trial production stage and will take several years to achieve mass production, according to Nikkei
2/5/2021 5:50:13 AM GMT
Asia Market Update: Asia trades generally higher after US gains; USD remains mostly firmer; US jobs data due later today; Biden expected to speak on stimulus.
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Chip shortage to affect global vehicle production into third quarter By Reuters - 03 February 2021 The semiconductor shortage could affect 672,000 units of global light vehicle production in the first quarter of 2021. Image: Guido Vrola / 123rf
A shortage of car chips could affect 672,000 units of global light vehicle production in the first quarter, data firm IHS Markit said on Wednesday, warning that the disruption could extend into the third quarter.
Ford Motor Co, Toyota Motor Corp, Fiat Chrysler Automobiles and Nissan Motor Co had cut output because of the shortage, while Volkswagen has said the supply constraints would hit production at some of its plants in February.
A group of 15 U.S. senators on Tuesday including Majority Leader Chuck Schumer and Republican John Cornyn urged the White House to work with Congress to address the global semiconductor shortage that is hampering auto manufacturing.