Search results for "Chip shortage"

U.S. Manufacturers See Big Boost from Government Subsidies and Tax Breaks

A 77-year-old factory in a hard-luck Ohio town sputtered into high gear to produce a new line of electric garbage trucks. A short drive away, construction began on a $20 billion plant that will take pizza-sized silicon wafers and make them into computer chips used in everything from data centers to cars. The two Ohio […]

Cloud Computing: There’s No IoT Without Me

The Internet of Things (IoT) is everywhere, from microchipped pets and cattle to continuous glucose monitoring (CGM) devices. But these, at times, lifesaving innovations were only possible with the ever-exciting cloud computing technology. Cloud computing has now become the basis of providing shared computing resources, such as applications, computing, storage, networking, development, and more, through […]

The Pandemic Fallout: Covid-19's Impact on Medtech

In December 2019, Covid-19 took the world by storm as it rampaged across the earth. Originating from Wuhan, China, the virus damaged life as we knew it. It hindered the economy across all sectors, notably the medical field, from supply shortages to patient care quality declining. The pandemic fallout centered mainly around the medical sector […]

Taiwan's Foxconn Raises Full-Year Outlook on Strong Tech Demand

Taiwan’s Foxconn, the world’s largest contract electronics maker, raised its full-year business outlook on Monday thanks to strong sales of smartphones and servers despite concerns of slowing demand due to rising inflation. Like other global manufacturers, the Taiwanese firm has grappled with a severe shortage of chips, which has hurt smartphone production including for its […]

What Reaching the Size Limit of the Transistor Means for the Future

The advances in computing and communications wouldn’t have been possible without the transistor. This small semiconductor device invented at Bell Labs in 1947, has allowed the proliferation of integrated circuits, the core element in any hardware component. The latest semiconductor shortage is a clear reflection of the important place it has in current technologies. Over […]

How a Cheap Component Could Help Kill Off Combustion Cars

The humble wire harness, a cheap component that bundles cables together, has become an unlikely scourge of the auto industry. Some predict it could hasten the downfall of combustion cars. Supplies of the auto part were choked by the war in Ukraine, which is home to a significant chunk of the world’s production, with wire […]

Apple Supplier Foxconn Sees Challenges Ahead in China COVID Curbs, Inflation

Apple supplier Foxconn warned that current-quarter revenue for its electronics business including smartphones could slip as growth slowed amid rising inflation, cooling demand and escalating supply chain issues partly due to lockdowns in China. The Taiwanese firm, the world’s largest contract electronics maker, has grappled with a severe shortage of chips like other global manufacturers, […]

Kicking the China Habit: South Korea Hunts Tungsten Treasure

Blue tungsten winking from the walls of abandoned mine shafts, in a town that’s seen better days, could be a catalyst for South Korea’s bid to break China’s dominance of critical minerals and stake its claim to the raw materials of the future. The mine in Sangdong, 180 km southeast of Seoul, is being brought […]

European Stocks Hit 2-Month Lows on Mining, Tech Losses

European shares hit two-month lows on Monday, led by miners as investors fretted over a sharp economic slowdown in China due to prolonged COVID-19 curbs, while surging bond yields kept technology stocks under pressure. The pan-European STOXX 600 index dropped 1.2 percent to touch its lowest since March 10. Miners fell 2.8 percent as Chinese […]

'Humble and Hidden' Auto Suppliers Driving the EV Revolution

The shift to electric cars may pose an existential threat to suppliers of combustion engines but for auto parts firms such as TE Connectivity the challenge is keeping up with demand. It makes the connectors that link miles of cables in cars to all things electrical, from sensors to fuel injection systems to infotainment – […]