Apple posts record sales as chip crunch eases

Apple Inc. reported record sales in the holiday quarter, beating estimates due to high iPhone demand…

SAIC Sets Up Automotive Chip Fund With Shanghai Research Institute

SAIC Motor Corp said on its official WeChat account that the fund will also look to…

Tesla Forecasts 2022 Growth Above 50%, Despite Supply Chain Challenges

The upbeat outlook from CEO Elon Musk came after the world’s most valuable automaker posted record…

U.S. Set To Release Study Details On Chips Shortage Amid Funding Push

Automakers and chips manufacturers have warned the supply shortages could last until least 2023. By Reuters…

Hyundai Motor Expects Vehicle Production To Rebound In H1 As Chip Supply Improves

The shortage will continue in the first quarter due to the spread of the Omicron variant,…