In the auto industry, car companies are starting to unwind decisions made over decades to outsource key components to outside suppliers. Even before the pandemic jacked up demand for chips, semiconductor companies were complaining of an acute shortage of qualified engineers. GM and Ford exploring the chip business shows how car companies are selectively bringing key technologies in house to develop expertise in areas they see as critical to their future competitiveness. The chip shortage has hurt some auto makers worse than others, while its duration and course have proven unpredictable. Mike Hogan, a senior vice president in charge of GlobalFoundries automotive business, said the Ford tie-up should improve the auto maker's technical capabilities while expanding future U.S. chip production for the car business broadly.

Source: Bangkok Post November 20, 2021 12:32 UTC