There are about 22 related results
* Contains illegal characters, please re-enter.
Zhu Huarong, chairman of Changan Auto (长安汽车), said chip shortage and expensive batteries have adversely affected the production of new energy vehicles in China
The shortage of incremental chips such as IGBT, power devices, sensing chips, large computing power chips, and memory chips is affecting China’s growing new energy vehicle market and its production, said a recent JW Insight report.
Hodgen Technology (和晶科技), China’s listed intelligent hardware and platform provider, acknowledged
Chinese leading automobile maker Changan Auto admits chip shortages and other challenges but has managed them well for its newly launched high-end EV brand Avatr
The production and sales of new energy vehicles in China both increased more than 40% in April, despite that the Omicron pandemic lockdown hurt the automobile industry as a whole.
Most vehicle companies are experiencing chip shortages.
Chinese chip giant SMIC (中芯国际) doubled its net profit in 2021 and intends to invest RMB32 billion ($5 billion) to expand capacity, according to a Chinese business news media Yicai Global report.
If the automotive industry has learnt anything from the ongoing chip shortage, it would be managing its supply chain with more care.
SMIC reported record revenue and profit margins for January and February on March 8 of $1.223 billion, a year-on-year increase of 59.1%; the net profit hit $309 million, an increase of 94.9%.
Industry insiders believe that the chip shortage will gradually be alleviated, and the global semiconductor industry has changed from“comprehensive shortage” to “structural shortage”.