Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said on Friday that it has increased its 2021 output for a key component for automotive semiconductors by 60% compared with last year, amid a global chip shortage.
South Korean President Moon Jae-in on Friday will become the second world leader welcomed by President Joe Biden at the White House, and the second from Asia, a sign of the importance Washington attaches to the region as it seeks to counter China's influence.
U.S. Commerce Secretary Gina Raimondo said Thursday she held meetings with three dozen senior industry leaders on a semiconductor chip shortage and said the United States could help boost transparency in the market.
What happenedFord Motor Company (NYSE: F) stock enjoyed a modest tailwind Thursday, closing the day up 3.1% after announcing that its new electric F-150 Lightning pickup truck will go on sale next year for the low, low price of $39,974. That's just $74 more than Tesla (NASDAQ: TS
South Korean President Moon Jae-in has been hoping to use his first summit with U.S. President Joe Biden this week to press a legacy policy of engaging North Korea, but Washington has played down the prospect of any quick impetus on the issue.
Thursday brought some relief to Wall Street, as major market benchmarks posted solid gains in morning trading. First-time claims for unemployment benefits continued to drop, showing more signs that the economic recovery is proceeding apace. That finally put investors in a good mo
What happenedShares of electric pickup truck start-up Lordstown Motors (NASDAQ: RIDE) were trading down sharply on Thursday morning after Ford Motor Company (NYSE: F) unveiled its all-electric F-150 Lightning.
A century ago Henry Ford came to Brazil and established the town of Fordlandia, hoping to become an Amazonian rubber baron, but retreated deep in the red.
Several companies, including Germany's BASF SE, are in preliminary talks about tapping a federal clean tech fund to set up production for electric vehicle batteries in Canada, a government official with knowledge of the discussions said.
(RTTNews) - Automaker Ford Motor Co. (F) and South Korean energy conglomerate SK Innovation announced Thursday they have signed an MoU to create a joint venture, to be called BlueOvalSK, to produce approximately 60 GWh annually in traction battery cells and array modules, startin
Ford Motor Co and South Korean battery maker SK Innovation on Thursday announced they will form a battery joint venture in North America to support the No. 2 U.S. automaker's electric vehicle rollout.
Ford Motor Co and South Korean battery maker SK Innovation on Thursday announced they will form a battery joint venture in the United States to support the No. 2 U.S. automaker's electric vehicle rollout.
Ford Motor Co's newly revealed electric version of its best-selling F-150 pickup doubles down on a bet that the company can beat Tesla Inc and other rivals by giving new technology a familiar face and convincing long-time fleet and business customers that going electric saves money.
The NASDAQ 100 Pre-Market Indicator is up 32.13 to 13,270.04. The total Pre-Market volume is currently 17,187,135 shares traded.The following are the most active stocks for the pre-market session: Virgin Galactic Holdings, Inc. (SPCE) is +3.91 at $21.18, with 6,137,708 shares tr
A century ago Henry Ford came to Brazil and established the town of Fordlandia, hoping to become an Amazonian rubber baron, but retreated deep in the red. Now the automaker he founded is once again licking its Brazilian wounds.
(RTTNews) - Sunrun (RUN), a home solar, battery storage, and energy services provider, said that it has partnered with Ford Motor Co. (F) to provide installation of 80-amp Ford charge station pro and home integration system for the all-electric Ford F-150 Lightning.Sunrun noted t
Ford Motor Co's newly revealed electric version of its best-selling F-150 pickup doubles down on a bet that the company can beat Tesla Inc and other rivals by giving new technology a familiar face and convincing long-time fleet and business customers that going electric saves money.
Ford Motor Co and South Korean battery maker SK Innovation are set to launch a battery joint venture in the United States to support the ramp-up of the No. 2 U.S. automaker's electric vehicle rollout, two people familiar with the matter said.
Ford Motor Co and South Korean battery maker SK Innovation are set to launch a battery joint venture in the United States to support the ramp-up of the No. 2 U.S. automaker's electric vehicle rollout, two people familiar with the matter said.
The global semiconductor shortage has disrupted many industries over the past year. Technical challenges in manufacturing new chips, tight industry bottlenecks, pandemic-related disruptions, pandemic-induced demand for consumer electronics, and the secular growth of new markets -