According to a group of computer-chip manufacturers the global semiconductor market is expected to shrink in 2023 for the first time in four years, following a surge during the pandemic.

World Business Watch | Global semiconductor markets expected to shrink in 2023

How global chip shortage is affecting the electric vehicle industry

The global chip shortage over the past two years is caused by the pandemic supply chaos combined with the booming demand. It has transformed from what had been a high volume low margin trade into one with the potential for wealth spinning deals now.

China: Ground zero for Auto chip shortage | Shortage caused by Pandemic supply chaos

2021 has been an year of crisis for many industries. One of the biggest crisis has been the global chip shortage that has hit automakers. Watch this report for more.

COVID pandemic impacts automotive industry

Chip designer Advanced Micro Devices (AMD) has been able to skirt most of the problems linked with the global chip supply shortage by forecasting demand years in advance.

Global Chip Shortage: AMD books capacity years ahead to ease crunches

India's leading car makers Maruti Suzuki and Hyundai have witnessed a double digit drop in sales in the month of October due to global chip shortage.

October auto sales in India stay in the slow lane due to chip shortage

Maruti Suzuki's Indian arm posted over 65% plunge in the quarterly net profit, as a global chip shortage thumped production.

India: Maruti Suzuki's profit takes a massive hit as chip shortage weigh

Taiwan's government said that global supply and demand for auto chips should reach a "balance" by the fourth quarter of 2021. Democratic US senators from Michigan and Ohio this week asked the Taiwanese government to help address the shortage, given that the island is a major semiconductor producer.

World Business Watch: Taiwan sees 'balance' in auto chip supplies by Q4

Apart from the auto industry, another industry that has been hit hard by the global semiconductor shortage is consumer electronics. To understand the dynamics of the global semiconductor shortage, its causes and solutions, WION talks to Dr. Ajit Aras, Executive Vice President of Sharp, Singapore.

Trying to match supply & demand to optimise production: Executive VP of Sharp, Singapore

Volkswagen's Mexico unit has said it expects to restart production of several segments from next week and in July after output was curtailed by a global semiconductor chip supply crunch.

World Business Watch: Volkswagen's Mexico to resume production hit by global chip shortage

WION speaks in this exclusive conversation with the Indian-origin chief operating officer of Japan's Nissan Motor. He talks about the new trends that could emerge in the automotive world post-COVID-19, battling global chip shortage, the importance of the market for the Japanese auto major, and the future of electric cars and hybrid cars.

WION Exclusive: Nissan's Global COO Ashwani Gupta on global automaker market

Volkswagen expects semiconductor supplies to car sector to remain tight incoming months. Ralf Brandstaetter, CEO of the Volkswagen brand and member of the carmaker's management board said "I think the situation will remain tense".

World Business Watch: Volkswagen expects chip supply to remain tight in coming months

Volkswagen has warned managers to prepare for a bigger production hit in the second quarter than the first due to a global chip shortage. Wayne Griffiths, president of Volkswagen's Spanish brand Seat called the shortage the "biggest challenge" the company faces at the moment.

World Business Watch: Volkswagen warns less production over chip shortage

Jaguar Land Rover is to temporarily shut down production at two of its main UK factories over a shortage of computer chips or semi-conductors. The global semiconductor shortage is an ongoing issue caused by the COVID-19 pandemic that’s affecting multiple industries, including the automotive sector.

World Business Watch: Jaguar Land Rover shuts two plants temporarily in UK amid chip shortage

General Motors and Ford Motor both said that they will cut more vehicle production due to a semiconductor chip shortage that has roiled the global automotive industry.

World Business Watch: GM, Ford cutting more production due to chip shortage

US auto industry calls for government help as it warns of impact of chip shortage

Hyundai of South Korea plans to temporarily suspend production at Ulsan No.1 plant due to chip shortage between April 5 and April 13. The affected Ulsan factory produces 311,000 vehicles annually including the Kona Electric and Ioniq 5.

World Business Watch: Hyundai to suspend production in South Korea due to chip shortage

What caused global shortage of computer chips that power our planet?

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