Latest Computer components News

Until 2023? Parts shortage will keep auto prices sky-high

Sep. 05, 2021 09:21 AM EDT

TOLEDO, Ohio (AP) — Back in the spring, a shortage of computer chips that had sent auto prices soaring appeared, finally, to be easing. Some relief for consumers seemed to be in sight. That hope has now dimmed. A surge in COVID-19 cases from the delta variant in several...

GM, Ford halt some production as chip shortage worsens

Sep. 02, 2021 17:54 PM EDT

DETROIT (AP) — The global shortage of computer chips is getting worse, forcing automakers to temporarily close factories including those that build popular pickup trucks. General Motors announced Thursday that it would pause production at eight of its 15 North American...

Lee freed on parole, showing Samsung's might in South Korea

Aug. 13, 2021 02:10 AM EDT

SEOUL, South Korea (AP) — Samsung leader Lee Jae-yong walked out of prison Friday a year early in a parole decision demonstrating the conglomerate's outsized influence in South Korea as well as continuing leniency for bosses who commit corporate corruption. Wearing a...

Tenn. Nissan plant to close for 2 weeks due to chip shortage

Aug. 10, 2021 16:22 PM EDT

DETROIT (AP) — Nissan says its huge factory in Smyrna, Tennessee, will close for two weeks starting Monday due to computer chip shortages brought on by a coronavirus outbreak in Malaysia. The shutdown is among the longest at any U.S. auto plant of this size since the...

South Korea to release Samsung scion on parole

Aug. 09, 2021 08:32 AM EDT

SEOUL, South Korea (AP) — South Korea will release billionaire Samsung scion Lee Jae-yong on parole this week after he spent 18 months in prison for his role in a massive corruption scandal that triggered nationwide protests and led to the ouster of the country’s previous president. ...

Ford overcomes computer chip shortage, posts surprise profit

Jul. 28, 2021 18:31 PM EDT

DETROIT (AP) — Sky-high sales prices for its pickup trucks and SUVs helped Ford Motor Co. turn a surprise second-quarter profit despite a global shortage of computer chips that cut factory output in half. The Dearborn, Michigan, company said Wednesday that it made $561...

Stellantis CEO expects chip shortage to drag into next year

Jul. 21, 2021 10:28 AM EDT

DETROIT (AP) — The leader of the world's fourth-largest automaker expects a global computer chip shortage that has cut vehicle production to last into next year. Stellantis CEO Carlos Tavares says the shortage will easily drag into 2022. He doesn't see enough signs that...

U.S. factory output dips 0.1% in June on auto chip shortage

Jul. 15, 2021 17:32 PM EDT

WASHINGTON (AP) — U.S. factory output slid last month as a shortage of computer chips disrupted auto production. Manufacturing production dipped 0.1% in June — third drop in five months, the Federal Reserve reported Thursday. Overall, industrial...

Taiwan chipmaker TSMC says profit up 11.2% as demand rises

Jul. 15, 2021 07:01 AM EDT

TAIPEI, Taiwan (AP) — TSMC, the biggest contract manufacturer of processor chips for Apple Inc. and other global brands, said Thursday its latest quarterly profit rose 11.2% over a year earlier to $4.8 billion as demand for smartphones and consumer electronics increased. ...