The electric vehicle industry is growing fast, but it's not without challenges. Manufacturers are trying to find the parts needed to meet demand while keeping costs down. There are many factors affecting production and supply chain management.
It’s hard to imagine that the demand for microchips and semiconductors could ever go down with how many electronic devices are in our lives these days. An increase in demand for semiconductors. The rise in demand has made
The chip shortage isn’t ending tomorrow, or next month. Motor Trend reported that North American auto production will be cut by 2.1 million units, while the global number will exceed 8.1 million. Yahoo! News reports that the largest U.S. automaker will halt production next week
It’s easy to understand how the world has benefited from the invention of electronic components such as the silicon microchip. Used in everything from cars to cell phones to smart home devices to kids toys and more. We all understand how they have made our world a better, more technologically advanced place.
Renesas Electronics Corp. plans to restore its fire-damaged plant to full capacity by the end of the month, the company said on Monday. A fire in its Naka plant destroyed 23 machines and filled the clean room with smoke and soot, causing the plant to be shut down for 4 weeks.