Volkswagen does not see chip shortage ending this year
The Hindu
Carmakers around the world have been hit by a shortage of semiconductors caused by COVID-19 supply-chain disruptions as well as soaring semiconductor demand at consumer electronic companies.
Volkswagen does not expect the global shortage of semiconductors to end this year although it should further ease slightly in the second half, a board member was quoted as saying by industry magazine Automobilwoche.
(Sign up to our Technology newsletter, Today's Cache, for insights on emerging themes at the intersection of technology, business and policy. Click to subscribe for free.)
"The volatile situation will affect us at least beyond the first half of this year," Murat Aksel, the head of procurement on the Volkswagen board said in an interview with Automobilwoche.
Parents of deceased Badlapur sexual assault accused withdraw case against Thane police in alleged encounter, citing difficulties in pursuing justice.
Deocha Pachami Coal Mining project in West Bengal begins with basalt mining, promising jobs and fair compensation for locals.
Akhilesh Yadav accuses BJP of rigging Milkipur byelection, declares Election Commission "dead" for failing to prevent malpractice.
AAP alleges BJP offered ₹15 crore to 7 candidates to defect after Delhi election; BJP denies, calls it baseless.
Protestors clash with police in Kolkata over SSC recruitment scam, demanding segregation of worthy and unworthy candidates.
Tragic accident involving ITI students at BHEL in Ranipet, Vellore; two run over by lorry, one injured, driver arrested.
R.S. Venkatraman, the voice of Independence for Tamil listeners, passes away at 102 in Chennai.
Nobel Laureate Aaron Ciechanover emphasizes the importance of democracy in science for progress and innovation.
Former Minister and three others convicted in bank fraud case, sentenced to 3 years; released on interim bail.
DMK President M.K. Stalin vows to retain power in 2026, emphasizing party's history of working for people's welfare.
India's EV charging market poised for growth with significant investment, but urgent expansion needed to meet ambitious targets by 2030.
Delhi court summons ED director over failure to provide documents in ₹88-crore SEBI fraud case, accused unable to defend.
Saamana editorial criticizes PM Modi's response to Trump's outsourcing remarks, warns of economic impact on Indian citizens abroad.