Reuters: Ford, GlobalFoundries say they will work together to boost chip supply

[zeketolliver]

" The two companies announced a non-binding agreement that could involve increasing production capacity for Ford's current lineup and performing joint research and development on several categories of chips that are likely to be key to future cars, such as battery-management systems and self-driving systems. "

" Majority owned by Abu Dhabi's sovereign wealth fund, GlobalFoundries became publicly traded this year when it sold a stake in its business in a $26 billion initial public offering. The company has said that some of the $2.6 billion raised in the deal will go toward building a second chip factory at a site in Malta, New York."

https://www.reuters.com/business/au...l-work-together-boost-chip-supply-2021-11-18/

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[Evil2ltr]

So nothing about the million cars needing them sitting in limbo.

Soooooooooooo concerned with freaking EV and the autonomous nonsense..

 

[zeketolliver]

So nothing about the million cars needing them sitting in limbo.

Soooooooooooo concerned with freaking EV and the autonomous nonsense..

The potential problems with the supply chain have been there for several years, now. Shortening the supply chain, and building in redundancy for choke-points will, most likely, take years to correct.

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