All posts tagged with semiconductor shortage
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-(Natural News) Our modern technological age is driven by tiny little devices known as semiconductors, but thanks to the global economic shutdown due to the China virus, they have been in very short supply for months. As such, everything from home goods to new vehicles have been in short supply, which is driving up prices, increasing inflation […]
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-(Natural News) The latest report from the Department of Commerce revealed that factory orders in American factories dropped by 0.4 percent in December. This is the largest month-to-month drop since April 2020. Initial forecasts by economic analysts believed factory orders would only drop by 0.2 percent. New data from the Commerce Department has also shown that factory orders […]
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-(Natural News) As America and the rest of the world continues to resume normal operations after the coronavirus (COVID-19) pandemic, businesses across the country struggle to acquire major consumer goods like chicken, lumber and microchips. The pandemic also resulted in countless reports of shortages across the supply chain, from shipping, demand, supply and other levels of the global […]
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-(Natural News) South Korea plans to spend $450 billion to build the world’s biggest chipmaking base over the next decade. This is part of an overarching plan called the “K-Semiconductor Belt Strategy” which aims to make the country the world’s leading chipmaker. With this strategy, South Korea joins the U.S., China and Europe in a global race to dominate the semiconductor […]
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-(Natural News) In the midst of an ongoing semiconductor shortage, the spread of the Wuhan coronavirus (COVID-19) into Taiwan’s electronic factories is threatening to delay chip shipments even further. The country, home to a number of the world’s largest semiconductor manufacturers, is suffering from its first large outbreak of COVID-19. This has come against a […]
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-(Natural News) A factory of Huizhou Baizhan Glass Co. Ltd., maker of glass lamp shades for companies including Home Depot Inc., is being stretched to its limits with sales doubling their pre-pandemic level. But the company based in the southern Chinese province of Guangdong, which makes about $30 million in annual revenue, doesn’t plan to […]
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-(Natural News) More than 1,600 workers are about to lose their jobs at a Jeep Cherokee factory in northern Illinois as the global shortage of semiconductors continues to plague automakers. The U.S. arm of Stellantis automotive company announced on May 14 that it would cut one of the two work shifts at its Belvidere Assembly […]
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-(Natural News) The global computer chip shortage has stalled vehicle production in dozens of factories across the U.S., driving up car prices amid high demand and causing temporary layoffs. Research firm Autoforecast Solutions estimated that automakers cut the production of more than 1.2 million vehicles in North America because they couldn’t get enough microchips used for essential car […]
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-(Natural News) The chief executive of the Ford Motor Company, one of America’s largest automakers, says he believes the company will lose half of its second-quarter production due to the ongoing semiconductor chip shortage. During the company’s first-quarter earnings call on Wednesday, April 28, Ford CEO Jim Farley proudly announced that the company was able to beat Wall Street’s […]
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-(Natural News) British automobile company Jaguar Land Rover announced the suspension of production at two of its manufacturing plants due to the global semiconductor shortage. The two factories that will be affected are the Castle Bromwich Assembly in Birmingham, west-central England, and the Halewood Body & Assembly facility just outside of Liverpool in northwestern England. The […]
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