Business May 1, 2021
Germany has boomed on the back of globalization, but now the worldwide web of supply chains that turbo-charged its economy could prove to be a critical weakness.
Germany has boomed on the back of globalization, but now the worldwide web of supply chains that turbo-charged its economy could prove to be a critical weakness.
Japan's industrial output hit seven-year low in fiscal 2020 due to pandemic
The country's output in March, however, rose 2.2% from the previous month, buoyed by a recovery from production disrupted by a major earthquake in February
Global chip shortage hits Apple, BMW and Ford as crisis worsens
The shortfall of critically needed parts has forced the auto industry to cut output, leaving thin inventories at dealerships just as consumers emerge from COVID-19 lockdowns.
Japan, Australia and India launch network to strengthen supply chains
The move came as the three countries have been working together to address vulnerabilities in the global manufacturing system.
U.K. to probe SoftBank's Arm sale to Nvidia on security grounds
The takeover, which was announced in September, would put vital supplies to several chipmakers under the control of a single player.
Renesas aims for full return of fire-hit chip plant by July
The Japanese chipmaker restarted partial production at the plant over the weekend, two days ahead of its original schedule.
Bidding war may break out for Toshiba after buyout hits a snag
Investor interest in the growth potential of some of Toshiba's businesses means the company is likely to face continued pressure to streamline its wide-ranging operations.
Renesas restarts production at fire-hit chip plant near Tokyo
The company has completed repairs and preparations in cleanrooms, which are crucial for semiconductor manufacturing, as part of work to restart production.
Biden calls for $50 billion investment in semiconductors amid global shortage
About 75% of global semiconductor manufacturing capacity is concentrated in mainland China and elsewhere in East Asia, a report by an industry group and a consultancy firm has said.
Drought in Taiwan pits chipmakers against farmers
The island nation is going to great lengths to keep water flowing to its all-important semiconductor industry, including shutting off irrigation to legions of rice growers.
Chipmaker Renesas resumes operations of clean room damaged by March fire
Renesas remains on track to resume production within a month from the March 19 fire, the firm said.