You Searched For "global chip sale" and got 20 results
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1 min read
India's largest car maker loses nearly two thirds of its profit to chip shortage
Net profit fell to Rs 475.3 crore during the quarter under review from Rs 1,371.6 crore in Q2FY2…
2 mins read
Chip makers like Nvidia are set to soar as semiconductor sales to reach $544 billion in 2021, Bank of America says
'We remain firmly in the stronger-for-longer camp for semis," said chip sector analysts at Bank of …
Carla Mozée
1 min read
Global chip shortages are expected to cost automakers $210 billion in 2021 - almost double previous estimates, a consulting firm says
The chip shortage means fewer cars are being made, and US dealer lots have only 20 days' supply of …
Kate Duffy,Reuters
2 mins read
Tesla reveals record quarterly sales despite supply chain struggles
Tesla delivered 184,800 cars to customers between January and March, despite a brief factory shutdo…
Tim Levin,Graham Rapier
1 min read
Global sales of 5G-enabled smartphones surpass 4G for the first time: Report
While India still awaits to experience the 5G technology, the sales penetration of 5G-capable smart…
2 mins read
Apple's Tim Cook confirms iMac and iPad production will be delayed due to the crushing global chip shortage
While many speculated Apple would be one of few companies to dodge the chip shortage, Cook said the…
Grace Kay
1 min read
Blackberry slips after 4th-quarter earnings miss forecasts amid global chip shortage
The company said that demand for its QNX car software, which is used by millions of cars including …
Isabelle Lee
2 mins read
Tesla shrugs off the global chip shortage to post its most profitable quarter yet
Tesla's quarterly profits exceeded $1 billion for the first time ever during the second quarter of …
Tim Levin
1 min read
Tens of thousands of Teslas could be incapable of fully-autonomous driving because they lack a standard microchip, report says
Amid the global semiconductor shortage, Tesla decided not to tell customers a standard chip wasn't …
Kate Duffy
1 min read
Surging iPhone sales help Apple overcome global supply chain shortages
The iPhone maker reported $81.4 billion in revenue, 36% above the same period last year, as the wor…
Katie Canales
2 mins read
China is restricting the export of two little-known metals crucial to the semiconductor industry. It shows Beijing still holds important chips in its tech war with the West.
Beijing's move came just days after the Netherlands restricted the sale of high-end chipmaking equi…
Huileng Tan
6 mins read
Tractors and better cars drive M&M’s Q1 net profit but the future is electric
Mahindra & Mahindra, India’s leading tractor and automobile company, on Friday reported more than a…
4 mins read
Some FedEx employees say layoffs are wrecking morale and chipping away at the famous loyalty that Fred Smith built
11 current and former FedEx employees say the most recent round of layoffs is threatening to erode …
Emma Cosgrove
2 mins read
Hyundai Motor's profit up 17%, aims to sell 4.32 million vehicles this year
Hyundai Motor said on Monday that its first-quarter net profit rose 17 per cent from a year earlier…
2 mins read
Nintendo is expected to make 6 million fewer Switch consoles as chip shortages continue
If you haven't already bought Nintendo's wildly popular Switch console, it could get much more diff…
Ben Gilbert
2 mins read
Intel suspends operations in Russia, will continue to support Russian employees
Intel has today announced that it is joining other tech giants and suspending operations in Russia …
2 mins read
Intel and other chip companies are hiring students who are still in college to plug a labor shortage, a report says
Oregon chip makers are hiring huge numbers of people, including students, to meet demand during a g…
Grace Dean
1 min read
Ford has made more electric Mustangs than gas-powered ones this year, due to the global chip shortage
Suspended production at the Flat Rock, Michigan factory allowed the company's EV plant in Mexico to…
Dominick Reuter
4 mins read
Tata Motors rallies nearly 8% on strong JLR sales in March quarter; Analysts bullish with an eye on margins
Shares of Tata Motors rose on Monday after the automaker’s global wholesale vehicle sales recorded …
4 mins read
Tata Motors’ net loss widens – inflation, China lockdowns to blame says company
Auto major Tata Motors missed analyst estimates as its net loss widened by five times to ₹4,950 cro…