https://safirsoft.com Ford and chip maker announce unbiased 'partnership' to reduce shortages

The "non-binding agreement" promises more supply, but less detail. Announced, through a press release and coverage in The Wall Street Journal. According to the release, the "non-binding agreement" opens the door for GlobalFoundries to offer more chips to Ford in the short term, with the promise of working on future chips for cars.

This release can include ADAS semiconductor solutions, battery management systems, and in-vehicle networks for automated, connected and powered futures. "GF and Ford will also look at expanded semiconductor manufacturing opportunities to support the auto industry." However, this was not the case with the press release. In fact, each company requires specific procedures. When contacted for more details, Ford spokeswoman Jennifer Flick reiterated that this was an "agreement to work together in the regions listed," but did not share more information. Chip shortages have been hit hard, in part due to business decisions made early in the COVID-19 pandemic. Automakers predicted lower demand, cut their chip orders, and chip makers in turn reduced chip production. But demand for new cars (and all kinds of merchandise) has grown faster than expected, and automakers are finding themselves behind a long line waiting for more chips. Advertising

The results were extensive. A free press release from Detroit from April 2021 shows a parking lot full of Ford F-150s waiting for chips but fully assembled. A lack of chips has cut or stopped production at many auto plants this year, and the shortage of new cars has had many negative effects, raising the price of everything from rental cars to used cars.

Ford and chip maker announce unbiased 'partnership' to reduce shortages
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