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The global shortage of semiconductors has hit the auto industry hard, with millions of vehicles worldwide not being produced because important parts are missing.

Carmakers Get Inventive As Global Chip Crisis Bites

A persistent industry-wide shortage of chips has disrupted production in the automotive and electronics industries, in particular, forcing some firms to scale back production.

U.S. Governors Urge Swift Action On $52 Billion Chip Funding Bill

India thus plans to make semi-conductors for the world and the development of this industry will be made by taking a holistic approach. The semi-conductor business is likely to contribute $1 trillion digital economy as India plans to reach the $5 Trillion mark by 2025-26.

India Providing A 20-Year Roadmap For Chip Companies: IT Minister

Samsung told Reuters that it is continuing due diligence in multiple locations, and that it has yet to make a decision. The factory will make advanced logic semiconductor chips and is likely to create about 1,800 jobs..

Samsung Electronics Close To Finalising $17 Billion Texas Chip Plant

Last month, Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said the auto chip shortage would gradually ease for its customers from this quarter but it expected overall semiconductor capacity tightness to extend possibly into next year.

Taiwan Seeks Again To Reassure U.S. Over Tackling Chip Shortage

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