TAIPEI — Taiwan’s Economic Ministry is asking domestic chip manufacturers such as Taiwan Semiconductor Manufacturing Co. to help “like-minded” economies alleviate the global shortage of automotive-related chips. The ministry said it has received requests since the end of last year from several nations via diplomatic channels. The countries are asking Taiwan to help look into… Continue reading Taiwan asks TSMC and other chipmakers to help ease global crunch
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Tesla sues former employee for allegedly stealing software
Tesla is suing a former employee for allegedly stealing company information, CNBC reported. The company says software engineer Alex Khatilov stole files from Tesla’s internal network related to its Warp Drive software, used to automated many of the company’s business processes. Tesla alleges in the lawsuit that Khatilov moved files to his personal Dropbox account,… Continue reading Tesla sues former employee for allegedly stealing software
Uber reportedly lays off 185 former Postmates workers
Uber has laid off about 185 Postmates workers, and plans to further integrate Postmates’ infrastructure within its Uber Eats segment, The New York Times reported. Uber acquired Postmates in July for $2.65 billion, following a failed attempt to buy rival food delivery service Grubhub. Meal delivery has been one bright spot for Uber amid the… Continue reading Uber reportedly lays off 185 former Postmates workers
German Handelsblatt: Car manufacturer: VW is apparently examining damages from Bosch and Continental001168 due to lack of chips
Volkswagen The bottleneck in computer components has forced Volkswagen to cut production since December. (Photo: dpa) Frankfurt According to a report, the car manufacturer Volkswagen, forced to cut production due to a lack of semiconductor components, is examining claims for damages against its suppliers Bosch and Continental. The industry newspaper “Automobilwoche” reported on Sunday that… Continue reading German Handelsblatt: Car manufacturer: VW is apparently examining damages from Bosch and Continental001168 due to lack of chips
Chinese EV startup Aiways said to seek funding ahead of IPO: Report
Aichi Automobile, a Chinese electric vehicle (EV) startup better known as Aiways, is in the market raising a new funding round that could give it a valuation of over $2 billion before its potential initial public offering (IPO) in the US. Chinese ride-hailing giant Didi Chuxing is one of the investors mulling participating in the… Continue reading Chinese EV startup Aiways said to seek funding ahead of IPO: Report
Tesla engineering director Joseph Mardall leaves for drone start-up Zipline
Low-angle view of the facade of Tesla Motors dealership with logo and sign in Pleasanton, California, July 23, 2018. (Photo by Smith Collection/Gado/Getty Images) Smith Collection/Gado An influential engineering director at Tesla, Joe Mardall, has resigned his position at the automaker to become head of engineering at Zipline, according to his own LinkedIn profile. Zipline… Continue reading Tesla engineering director Joseph Mardall leaves for drone start-up Zipline
German FAZ: China’s united front against VW and Tesla000805
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German Manager Magazin: The auto industry lacks chips: Peter Altmaier appeals to Taiwan000510
The lack of semiconductor products such as microchips and sensors at the German car industry has called Federal Minister of Economics Peter Altmaier (62, CDU) on the scene. As the “Saarbrücker Zeitung” reported on Saturday, the minister wrote to the Taiwanese government and asked for help in solving the current supply problems. According to the… Continue reading German Manager Magazin: The auto industry lacks chips: Peter Altmaier appeals to Taiwan000510
Toyota accepts staff from halted aircraft factories of Mitsubishi Heavy
TOKYO — Toyota Motor’s subsidiary Toyota Auto Body is taking several hundred employees from aircraft component makers including Mitsubishi Heavy Industries and Kawasaki Heavy Industries, as auto demand recovers while aviation continues to struggle. Employees from companies such as Mitsubishi Heavy and Kawasaki are being transferred to Toyota’s Yoshiwara Plant in Aichi Prefecture, which makes… Continue reading Toyota accepts staff from halted aircraft factories of Mitsubishi Heavy
Elon Musk targets telecom for next disruption with Starlink internet
Elon Musk became the world’s richest person this month by upending the global auto industry and disrupting aerospace heavyweights with reusable rockets. Now he’s setting his sights on another business dominated by entrenched incumbents: telecommunications. Musk’s Space Exploration Technologies Corp. has launched more than 1,000 satellites for its Starlink internet service and is signing up… Continue reading Elon Musk targets telecom for next disruption with Starlink internet