BERLIN : Semiconductor shortages that have created bottlenecks for Germany's car industry will take years to resolve despite chipmakers' plans to build factories in the country, a senior Audi manager was quoted as saying on Friday.
Berlin has been courting the world's largest contract chipmakers with billions of euros in subsidies. Chipmakers such as U.S. Intel and Taiwan's TSMC this year announced plans to build factories in Germany.
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China's Li Auto aims to outsell BMW, Mercedes, Audi in its home market in 2024SHANGHAI : Li Auto said it aimed to outsell BMW, Mercedes-Benz and Audi in China in 2024 as the up and coming Chinese automaker accelerates rollouts of new models and ramps up production.'We would strive to become the no.1 premium car brand in China in 2024 in terms of sales,' Li Auto's CEO Li Xiang told
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Taiwan pitches deeper Europe engagement after TSMC Germany investmentTAIPEI : Taiwan chipmaker TSMC's 3.5 billion euros ($3.83 billion) investment in Germany will drive deeper engagement between the island and Europe, Taiwan's economy minister said on Wednesday, pitching the political benefits of the deal.For Taiwan, under increasing pressure from Beijing to accept China's
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