China automotive context in ongoing chip shortage

Economy 02/26/22, 21:46

According to SCMP, the ongoing global chip shortage has left electric car buyers in China with several months to wait for newly purchased vehicles, as assemblers and component manufacturers struggle to keep up with demand. A semiconductor supply shortage began in the automotive industry during the COVID-19 pandemic. The shortage began ...

China’s auto chip drops 20% due to technology lag and US policy

Economy 01/28/22, 16:26

According to Chinese-language media Da Ji Yuan on January 25th, 2022, the supply of chips will remain tight this year, and the shortage of auto chips will expand to 20 percent.  Luo Junjie, a spokesman for the Chinese Ministry of Industry and Information Technology, attributed the chip shortage in China to ...

Commerce secretary: ‘Congress must act’ on chips shortages

Tech 01/26/22, 16:15

The shortage of semiconductor chips is becoming an economic and national security problem, so Commerce Secretary Gina Raimondo is urging Congress to step in to fix it.  Raimondo laid out the risk involved in the situation, saying, "We aren't even close to being out of the woods as it relates to ...

Samsung invests $17 billion in Texas chip plant to curb supply chain issues

Texas 11/24/21, 16:11

Texas will receive its largest-ever foreign direct investment from Samsung, as the South Korean electronics giant builds a $17 billion semiconductor factory in the Lone Star State. Gov. Greg Abbott's (R) office announced Samsung will build a new semiconductor manufacturing facility in Taylor, lifting the multinational's total investment in Texas to ...

Professor at US university found smuggling military-tech chips to China

U.S. 07/08/19, 07:36

A professor from University of California, Los Angeles (UCLA), was convicted of conspiring to illegally export semiconductor chips with missile guidance applications to China, a statement from Department of Justice said. Yi-Chi Shih, 64, an electrical engineer and adjunct professor at UCLA, has been found guilty of multiple federal crimes, including ...

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