Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Semiconductor supply to be tight until end of 2023, says Stellantis boss

by October 3, 2022
October 3, 2022
Semiconductor supply to be tight until end of 2023, says Stellantis boss

The supply of critical semiconductors is expected to remain tight until the end of next year, the boss of Fiat carmaker Stellantis said today.

Speaking to French newspaper Le Parisien, Carlos Tavaresn said: “The situation will remain very complicated until the end of 2023, then will ease a little.

“Semiconductor manufacturers have an interest in making business with us again, especially as they’re raising prices.”

Semiconductors, or computer chips, are used in most of today’s technology.

Pandemic restrictions paired with a boom in demand for consumer electronics has weighed heavily on the computer chip supply chain over the past couple of years.

Several automotive companies were forced to dial back their production forecasts last year in response to the acute shortage of computer chips.

Shortages are now easing, however, car companies have shouldered the cost of scrapping production for millions of cars.

Read more:
Semiconductor supply to be tight until end of 2023, says Stellantis boss

0
FacebookTwitterGoogle +Pinterest
previous post
Manufacturing sector shrinks for third month as exports continue to fall
next post
Socially conscious insurer Lemonade makes entry into UK market with AI-driven model

You may also like

Snapchat firm cuts 1,300 staff in face of...

September 1, 2022

Re N Tox: Medical Spa RX Delivers a...

February 6, 2025

Government-backed council to champion ‘unsung’ mid-sized businesses

December 2, 2024

Meta soothes ad giants with ‘community notes’ after...

January 22, 2025

Leading Your Teams Successfully

October 15, 2023

What is the Purpose of Basic Life Support:...

October 27, 2023

Beating Content Decay: How to Revitalise Your Company’s...

October 24, 2024

Microsoft to cut 10,000 jobs as tech firms,...

January 19, 2023

Energy Sources In the UK: A Growing Marketplace

June 8, 2023

The 6 Most Common Mistakes Online Sportsbooks Make...

April 25, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025
    • House witness flips script on Dem who ambushed him during hearing with unearthed tweet: ‘Iceberg is ahead’

      June 7, 2025
    • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

      June 7, 2025
    • Trump’s conservative allies warn Congress faces critical ‘test’ with $9.4B spending cut proposal

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,568)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved