J. Fingas@jonfingasNovember 18th, 2021In this post: news, equipment, production, Ford, GlobalFoundries, transportation, chip scarcity, vehiclesFord
Ford thinks it has a remedy to ongoing motor vehicle chip shortages: make a offer with a single of the world’s largest chipmakers. CNBC reports the badge has unveiled a “strategic collaboration” with GlobalFoundries that will improve chip producing and progress in the US to boost provide for Ford and other domestic car or truck producers. The non-binding arrangement will have GlobalFoundries glimpse into remedies for factors ranging from highly developed driver help as a result of to EV battery management.
The correct conditions aren’t crystal clear. On the other hand, Ford pressured the workforce-up “does not involve” any joint ownership stakes.
Any results may well not occur for a while. It normally takes time just to repurpose factories and ramp up creation, enable alone to build any new services. No matter, both equally sides have a strong incentive to work collectively. Ford has previously slashed manufacturing and delayed car or truck orders to accommodate chip shortages, for instance. IWhatever costs it pays could be worthwhile if they enable the organization meet demand.
GlobalFoundries, in the meantime, could use this to land extra company from automakers and experience a surge in car or truck demand. It could also enable the semiconductor organization diversify its manufacturing away from chips for extra standard computing hardware. This offer may possibly very last a although, then, if just for the reason that it really is mutually advantageous.
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