Tag: semiconductor
Ford to build some F-150 trucks without certain parts due to global chip shortage
Ford said Thursday that some some Ford F-150 pickup trucks and Edge crossover without certain electronic modules due to a twofold punch of a global semiconductor shortage and a lack of parts caused a winter storm. Ford said it will build and hold the vehicles for a number of weeks,…
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UK government reverses course on Huawei’s involvement in 5G networks
Conservative members of the United Kingdom’s government have pushed Prime Minister Boris Johnson to draw up plans to remove telecom equipment made by the Chinese manufacturer Huawei from the nation’s 5G networks by 2023, according to multiple reports. The decision by Johnson, who wanted Huawei’s market share in the nation’s…
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Huawei admits uncertainty following new US chip curbs
Following the U.S. government’s announcement that would further thwart Huawei’s chip-making capability, the Chinese telecoms equipment giant condemned the new ruling for being “arbitrary and pernicious.” “Huawei categorically opposes the amendments made by the U.S. Department of Commerce to its foreign direct product rule that target Huawei specifically,” said Huawei…
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Intel has invested $132M in 11 startups this year, on track for $300M-$500M in total
When it comes to corporate venture capital, semiconductor giant Intel has shaped up to be one of the most prolific and prescient investors in the tech world, with investments in 1,582 companies worldwide, and a tally of some 692 portfolio companies going public or otherwise exiting in the wake of Intel’s backing.…
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SoftBank expects $24 billion in losses from Vision Fund, WeWork, and OneWeb investments
The Japanese technology conglomerate SoftBank Group said it would lose a staggering $24 billion on investments made through its Vision Fund and bets on the co-working real estate company, WeWork, and satellite telecommunications company, OneWeb. Ultimately, the company expects the losses to help generate a $7 billion total loss for…
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