Electric Vehicle

Photo: The Dispatch

Global Chip Shortages, Supply Chain Issues Impact EV Quality; Tesla Ranks 7th From Bottom: Report

Worldwide chip shortages and supply chain concerns have harmed EV quality across the industry. JD Power, a consumer research and analytics firm, ranks Polestar lowest, while Elon Musk's Tesla ranks seventh from the bottom. General Motors defies the trend by improving initial quality, bringing the company to the top of the automotive industry. Buick's quality improves, driving it to first position overall in 2022, while Genesis leads the… read-more

Fri, 01 Jul 2022 - 08:56 PM / by Vidhi Jhunjhunwala

Tags: Tesla, Electric Vehicles, JD Power, Chip Shortage, Supply chain

Courtesy: Zee News


Photo: Nintendo - Europe

Nintendo Lowers Sales For 'Switch' Due To Chip Shortage

Nintendo Cooperation Ltd, based in Japan, announced on November 5 that a global chip scarcity has hampered hardware development, forcing the company to lower sales projections for its popular Switch device. The company is highly dependent on its console revenue, while rivals such as Microsoft are growing through membership and cloud-gaming services. "We… read-more

Fri, 05 Nov 2021 - 04:47 PM / by Vidhi Jhunjhunwala

Tags: Nintendo, Japan, hardware development, Chip Shortage, Nintendo Switch

Courtesy: Reuters

Honda factory in Japan

Photo: Honda Global

Honda Records 30% Lower Profits Due To Silicon Chip Shortage

Honda Motor Company, on November 5, recorded its lower profit margin due to the "silicon chip shortage" globally. Reportedly, the Japanese automaker had to lower its production of vehicles causing loss in the overall profit upto 30%. Moreover, the company said that the profit fell by almost a third, to 198.9 billion Yen for three months. "The result was higher than an average forecast of 183.5 billion," said the company.

Fri, 05 Nov 2021 - 03:45 PM / by SAM RAHUL RAJASHEKHAR

Tags: Honda, Chip Shortage, revenue loss, Japan, Tokyo

Courtesy: Reuters

Apple iPhone 13

Photo: Apple.com

Apple To Slash iPhone 13 Production; Chip Shortage

Owing to the shortage of chips in the global market, Apple Inc is likely to reduce the production of iPhone 13 by 10 million units. Reportedly, the company's share also fell by 1% in after-hours trading. According to media reports, major chip manufacturers such as Broadcom Inc and Texas Instruments are unable to supply chips as they are also facing a shortage of raw materials. 

Thu, 14 Oct 2021 - 09:23 AM / by Nehal Surana

Tags: Apple, Apple Iphone 13, Technology, Chip Shortage