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Intel reiterates chip supply shortages could last several years

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Intel Corp’s CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer electronics. Pat Gelsinger told a virtual...

Apple iPhone assembler Foxconn again warns components crunch worsening

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Hon Hai Precision Industry Co warned that the global supply crunch that has hit the consumer electronics and automaking industries will worsen this quarter, after it weathered component shortages to post better-than-expected quarterly profits.The world’s largest contract electronics manufacturer and main assembler of iPhones...

Intel CEO says chip shortage will persist for ‘couple of years’

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The global semiconductor shortage roiling a wide range of industries likely won’t be resolved for a few more years, according to Intel Corp’s new Chief Executive Officer Pat Gelsinger. The company is reworking some of its factories to increase production and address the chip shortage...

Apple finally feels the effects of the global chip shortage

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Apple Inc.’s latest quarter was a blockbuster, with soaring revenue, record Mac sales, and stronger-than-anticipated iPhone demand. There was only one major snag: The global chip shortage is finally catching up to the company. On a call with analysts, Chief Executive Officer Tim Cook and Chief Financial...

Intel in talks to produce chips for automakers within six to nine months: CEO

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The chief executive of Intel Corp told Reuters on Monday the company is in talks to start producing chips for car makers to alleviate a shortage that has idled automotive factories. Chief Executive Officer Pat Gelsinger said the company is talking to companies...
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