In an interview to German industry magazine Automobilwoche, a board member from Volkswagen opined, the global shortage of semiconductors is likely to continue this year and ease slightly during the second half. “The volatile situation will affect us at least… Read More ›
On Monday, South Korea and Britain are scheduled to sign an agreement to reinforce supply chains for key products which have been hammered by the Coronavirus pandemic. British trade minister Anne Marie Trevelyan is scheduled to host her counterpart Yeo… Read More ›
On Monday, Toshiba Corp said it aims to split into two companies, instead of three as previously planned. The company aims to split its device business and not its infrastructure business. The Japanese conglomerate now plans to increase shareholder returns to… Read More ›
On Monday, Australian Prime Minister Scott Morrison said, from February 21, 2022, Australia will reopen its borders to all vaccinated visa holders. For nearly two years Australia had shut its borders to non-citizens to mitigate threats from the Coronavirus which… Read More ›
On March 8, Apple is set to release a plethora of new items. According to Bloomberg, Apple is planning to release a new low-cost 5G iPhone, an iPad, and a new Mac. This would be Apple’s first product launch in… Read More ›
Auto giants such as General Motors, Ford Motor, and Hyundai Motor estimate that the global semiconductor chip shortage that has been ongoing for almost two years will ease to an extent by the second half of 2022. However, makers of chips for auto companies forecast… Read More ›
Volvo Cars and Northvolt announced the building of a new battery production factory in Gothenburg, Sweden, which is slated to start construction in 2023. The plant will, according to the firms, “have a potential yearly cell production capacity of up to 50-gigawatt hours.” According to… Read More ›
On Friday in a statement Toshiba Corp said, it plans on investing $1.09 billion (125 billion yen) in order to more than double the production of power management semiconductors, in order to catch up with peers such as Infineon Technologies AG…. Read More ›
Countries in the European Union have agreed to oversee the border-free Schengen Area through regular ministerial meetings, said France in a move aimed at strengthening the political management of the area in the same manner euro zone gatherings steer economic… Read More ›
Northern Ireland’s first minister has resigned in protest over post-Brexit trade rules. The development comes in the wake of another minister trying to halt some checks on agri-food goods coming into Northern Ireland from the UK, without following Brexit protocols…. Read More ›
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