More than 20 CEOs spanning automotive manufacturers, suppliers and innovators sent a letter to members of Congress negotiating final competition legislation, urging quick passage of a bipartisan bill, the CHIPS for America Act, which includes funds to increase domestic capacity and resilience of semiconductor supply chains ‘critical’ to the future of the auto industry in […]
Bosch Investing in Expanded Semiconductor Production
In an additional move to combat the ongoing global chip shortage, Bosch plans to further extend its wafer fabrication in Reutlingen, Germany. More than a €250 million ($278.2 million) is to be invested in creating new production space and the necessary clean-room facilities between now and 2025. This will give Bosch the ability to meet […]
Commerce Department Reports Automotive Semiconductor Supply Chain Remains Fragile
Acute concern for legacy automotive chips. While positive news on private investment, department says report supports proposed $52 billion government support for domestic production. The U.S. Department of Commerce yesterday released the results from the Risks in the Semiconductor Supply Chain Request for Information (RFI) issued in Sept. 2021. The RFI showed that median inventory […]