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Ford makes semi-conductor alliance amid shortage

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With the semi-conductor supply chain in upheaval, US automaker Ford announced a strategic collaboration with integrated circuit manufacturer Global Foundries to advance semiconductor manufacturing and technology development in the United States.

“It’s critical that we create new ways of working with suppliers to give Ford – and America – greater independence in delivering the technologies and features our customers will most value in the future,” said Jim Farley, Ford president and CEO. “This agreement is just the beginning, and a key part of our plan to vertically integrate key technologies and capabilities that will differentiate Ford far into the future.”

The rising demand for computing equipment during the pandemic, combined with lock-downs, has led to a worldwide shortage of semi-conductor chips. This crisis has led to cuts in the production of cars and even to rising prices of second-hand vehicles.

In September the White House requested that automakers and chip companies provide information on the semi-conductor crisis.

CEO’s of major computer hardware companies NVIDIA and IBM have gone on the record saying the supply shortage will last at least through 2022.

By Staff

Tags: amid shortageFordsemi-conductor alliance

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