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Semiconductor shortage halts production at JLR plants

23rd April 2021 11:22 am Production is to cease temporarily at Jaguar Land Rover’s Castle Bromwich and Halewood due to a global shortage of semiconductors. Pic: JLR The shortage has been attributed to a significant increase in demand for semiconductors during the pandemic which has seen an increase in sales of consumer technology. The production of electric vehicles is also said to have put pressure on demands for chips. JLR produces the XF, XJ, F-TYPE, F-PACE and Jaguar XE at Castle Bromwich in the West Midlands. Halewood in Merseyside produces the Range Rover Evoque and Land Rover Discovery Sport. “We have adjusted production schedules for certain vehicles which means that our Castle Bromwich and Halewood manufacturing plants will be operating a limited period of non-production from Monday 26th April,” the company said in a statement. “We are working closely with affected suppliers to resolve the issues and minimise the impact on customer orders wherever possible.

Worldwide Semiconductor Industry to 2026 - Rising Demand of IoT and Connected Working Ecosystem is Driving Growth

Press release content from Business Wire. The AP news staff was not involved in its creation. Worldwide Semiconductor Industry to 2026 - Rising Demand of IoT and Connected Working Ecosystem is Driving Growth - ResearchAndMarkets.com April 22, 2021 GMT DUBLIN (BUSINESS WIRE) Apr 22, 2021 Semiconductor Industry Landscape is expected to register a healthy CAGR of over 6% during the forecast period (2021 - 2026). Companies Mentioned Qualcomm Technologies Inc. Texas Instruments Incorporated SK Hynix Inc. Semiconductor Components Industries LLC (ON Semiconductor) Infineon Technologies AG Consumer Electronics Sector is Gaining Traction During the Forecast Period The electronics market has a constant demand for higher power dissipation, faster speeds, and higher pin counts, along with smaller footprints. The miniaturization and integration of semiconductors have given rise to smaller, lighter, and more portable devices, such as tablets, smartphones, and the emerging IoT devices.

Economists upbeat with Industrial Production Index growth on strong external demand | Daily Express Online

Published on: Saturday, April 10, 2021 By: Bernama Text Size: Kuala Lumpur: Malaysia’s Industrial Production Index (IPI) growth in the first two months of the year shows that the external environment has been constructive for the domestic economy.  The IPI, which is a monthly economic indicator measuring real output in the manufacturing, mining, electricity, and gas industries, rose 1.5 per cent year-on-year in February 2021, propelled by a 4.5 per cent rise in the manufacturing index. Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid  (pic) said the higher exports volume in February, which grew 17.6 per cent, had also translated into a continued positive print in IPI growth.

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