Passenger Vehicle Retails Sales Drop 11% In Dec Amid Semiconductor Issue
India's passenger car retail sales declined by 11% in December, as a shortage of semiconductors, said Federation of Automobiles Dealers Associations (FADA) on January 5. Retail sales of passenger vehicles declined in December 2021 by 10.91% to 2,44,639 units from 2,74,605 units in December 2020. "Retail sales continued to disappoint, thus wrapping up an underperforming calendar year,'' said FADA President Vinkesh Gulati. FADA has 26,500… read-more
Tags: Passenger Vehicle, FADA, Business News, Vinesh Gulati, semiconductor
Courtesy: The Free Press Journal
South Korea: Shortage Of Semiconductor Chips 'Disrupts' Supply Chain
Factory activities grew at its lowest pase since 13 months, due to a shortage in semiconductor chips, which caused a supply chain disruption. According to reports, a sharp rise in raw material costs, and a severe shortage from the manufacturers of silicon chips, resulted in further rise in cost for South Korean manufacturers. Moreover, factories in the country planned to reduce their staffing, in order to protect their company's margin.
Tags: South Korea, factories closed, semiconductor, supply crunch, China
Courtesy: Reuters
Reliance Postpones Its Upcoming 'JioPhone Next' Release Date
Reliance Jio has extended the release date of JioPhone Next to November 4 from September 10, witnessing the upcoming festival Diwali. Reportedly, the company took this decision due to the current global semiconductor shortages inspired by the COVID-19 pandemic. However, the 4G phone may come with a 5.5-inch display, a Qualcomm QM215 SoC, 2GB/3G RAM +16GB/32GB storage option, 2,500mAh battery, Android 11, costing around Rs 3,499.
Tags: JioPhone Next, Release Date, semiconductor, Diwali
Courtesy: NDTV Gadgets 360
Suzuki Motor Gujarat To Scale Down Production Amid Chip Shortage
Maruti Suzuki India (MSI) has reported that Japan's 100% subsidiary corporation, Suzuki Motors Gujarat (SMG) will cut down on its production for August as the Ahmedabad-based manufacturing plant is subjected to semiconductor chip shortage. "Owing to the semiconductor shortage production will be partially impacted in this month," MSI said. Reportedly, production will be halted tentatively on August 7, 14, and 21 this month.
Tags: semiconductor, Chip Manufacturing, Maruti Suzuki, Automobiles
Courtesy: Business Standard
Audi Makes World Record Deliveries Despite Chip Shortage
The shortage of semiconductor chips has hit many industries including automobiles globally but even so, the Audi group instead of getting succumbed to the situation delivered as many as 981,681 units of vehicles across the world until July 2021. This is their highest ever delivered number of units. Due to the increased demand and successful sales performance, Audi reported a revenue of 29.2 billion Euros for the year 2021.
Tags: Audi, semiconductor, Chip Manufacturing, Automobiles
Courtesy: Hindustan Times
Samsung To Hold Mobile Phone Production Due To Chip Shortage
Amid the serious imbalance in semiconductor's supply globally, Samsung has halted the production of its semi-range mobile phones due to shortage of chip. However, the company had planned to release a cheaper version of Galaxy S21 in August, but suspended due to shortage of Qualcomm's application processor. According to South Korea's Electronics Times report, Samsung might suspend S21 FE model's production.
Tags: Samsung, Galaxy S21 Fan Edition, semiconductor, Qualcomm
Courtesy: The Indian Express