Latest Computer components News

Tesla hits record profit despite parts shortage, ship delays

Oct. 20, 2021 20:31 PM EDT

DETROIT (AP) — Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history. The company said Wednesday that it made $1.62 billion in the third quarter, beating...

Commerce head out to save US jobs, 1 computer chip at a time

Oct. 18, 2021 14:01 PM EDT

WASHINGTON (AP) — Gina Raimondo only wears watches made by Bulova — a company that laid off her scientist father, closed its Rhode Island factory and moved production to China in 1983. The watches give Raimondo, the U.S. commerce secretary, a sense of mission as...

TSMC plans chip plant in Japan, says supply shortages easing

Oct. 15, 2021 02:02 AM EDT

Taiwan Semiconductor Manufacturing Corp. has confirmed it is planning to build a computer chip factory in Japan. TSMC’s CEO C.C. Wei said the company, the world’s biggest contract producer of semiconductors, was expanding to better serve its customers and enhance its...

Elon Musk says Tesla will move HQ from California to Texas

Oct. 07, 2021 21:18 PM EDT

Tesla will relocate its headquarters from Palo Alto, California, to Austin, Texas, though the electric car maker will keep expanding its manufacturing capacity in the Golden State, CEO Elon Musk said Thursday. Musk, who last year said he was moving to Texas from...

Tesla reports stronger-than-expected Q3 sales

Oct. 02, 2021 14:08 PM EDT

PALO ALTO, Calif. (AP) — Tesla says it delivered 241,300 electric vehicles in the third quarter even as it wrestled with a global shortage of computer chips that has hit the entire auto industry. The Palo Alto, California, company's sales from July through September...

US auto sales slump, stalled by car computer chip shortage

Oct. 01, 2021 18:46 PM EDT

DETROIT (AP) — In a normal month before the pandemic, Con Paulos' Chevy dealership in Jerome, Idaho, sold around 40 new vehicles. In September, it was only six. Now he's got nothing new in stock, and every car, truck or SUV on order has been sold. Last month, what...

From paints to plastics, a chemical shortage ignites prices

Sep. 30, 2021 11:39 AM EDT

In an economy upended by the coronavirus, shortages and price spikes have hit everything from lumber to computer chips. Not even toilet paper escaped. Now, they're cutting into one of the humblest yet most vital links in the global manufacturing supply chain: The plastic...

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...