Asian chipmakers rush to boost production to meet global shortage

TAIPEI/SEOUL (Reuters) – Asian chipmakers are rushing to expand their production capacity to meet a global shortage that has been acutely felt by carmakers, but the firms warn that the supply gap may take many months to plug as they struggle to keep up with strong demand.

FILE PHOTO: The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, January 19, 2021. REUTERS/Ann Wang

Automakers from General Motors to Stellantis and Honda Motor are shutting assembly lines due to the shortages, which in some cases have been exacerbated by the former U.S. administration’s sanctions against Chinese chip factories. Some firms have also furloughed staff.

Eight-inch chip manufacturing plants owned mostly by Asian firms, which tend to make older, less sophisticated chips, are particularly under strain primarily due to under-investment in recent years. The majority of such factories are used

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A New Decade’s Global Pressures And Best Responses, Part One

EVP and CTIO at Axway, responsible for accelerating global innovation and transformation.

This article is the first in a two-part series. Part one explores major pressures banks face as API-driven, open banking ecosystems emerge across global markets. Part two suggests best responses for banks as the financial sector undergoes this seismic shift.

Open banking is disruptive, global and growing at a breakneck pace. According to Allied Market Research, the open banking market is growing at 24.4%, reaching $43.15 billion by 2026 and accelerating by the pandemic but part of an inevitable control shift in the financial sector. As it grows into open finance, it is beginning to fundamentally redefine customer interaction with the financial system by revising who creates and manages financial products and services. 

This new decade will witness not a downfall of big banks in favor of light and swift fintech, but rather these

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Global Truck Platooning Systems Market to Perceive Biggest Trend and Opportunity by 2031

The MarketWatch News Department was not involved in the creation of this content.

Jan 30, 2021 (WiredRelease via Comtex) —
The latest research report provides a complete assessment of the Global Truck Platooning Systems market for the forecast year 2022-2031, which is beneficial for companies regardless of their size and revenue. This Survey report covering the major market insights and industry approach towards COVID-19 in the upcoming years. The Truck Platooning Systems Market Report presents data and information on the development of the investment structure, technological improvements, market trends and developments, capabilities, and comprehensive information on the key players of the Truck Platooning Systems Market. The market strategies undertaken, with respect to the current and future scenario of the industry, have also been listed in the study.

The report begins with a brief presentation and overview of the Truck Platooning Systems market, about the current market landscape, market trends, major

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Global Financial Corporate Performance Management (FCPM) Software Market 2020 Segmentation, Demand, Growth, Trend, Opportunity and Forecast to 2025

The MarketWatch News Department was not involved in the creation of this content.

Jan 12, 2021 (Heraldkeepers) —
Updated Research Report of Financial Corporate Performance Management (FCPM) Software Market 2020-2025:


A new market study, titled “Financial Corporate Performance Management (FCPM) Software Market Upcoming Trends, Growth Drivers and Challenges” has been featured on



COVID-19, the disease it causes, surfaced in late 2019, and now had become a full-blown crisis worldwide. Over fifty key countries had declared a national emergency to combat coronavirus. With cases spreading, and the epicentre of the outbreak shifting to Europe, North America, India and Latin America, life in these regions has been upended the way it had been in Asia earlier in the developing crisis. As the coronavirus pandemic has worsened, the entertainment industry has been upended along with most every other facet of life. As experts work toward a better understanding, the world shudders in

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Pressure Mode Ventilators Market 2021 Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast to 2027

The MarketWatch News Department was not involved in the creation of this content.

Feb 04, 2021 (Heraldkeepers) —
New Study Reports “Pressure Mode Ventilators Market 2021 Global Market Opportunities, Challenges, Strategies and Forecasts 2027” has been Added on WiseGuyReports.

Introduction/Report Summary:

This report provides in depth study of “Pressure Mode Ventilators Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Pressure Mode Ventilators Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

Drivers and Constraints

The fundamental dynamics that are explored in the report hold substantial influence over the Pressure Mode Ventilatorsmarket. The report further studies on the value, volume trends, and the pricing history of the

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Historic Global Financial Crisis? “Puzzle Pieces” Will Soon Fit into Place :: Elliott Wave International

A buildup of an unsustainable amount of debt generally precedes devastating deflationary episodes.

The last brush the world had with deflation was the 2007-2009 financial crisis, which was accompanied by a huge amount of bad debt in the mortgage market. That financial crisis was the most severe since the Great Depression of the early 1930s, which itself was preceded by a mountain of unsustainable debt.

As Robert Prechter’s Conquer the Crash says:

A high-debt situation becomes unsustainable when the rate of economic growth falls beneath the prevailing rate of interest on money owed and creditors refuse to underwrite the interest payments with more credit.

The signs show that the global financial system may be approaching a tipping point.

The United Kingdom is a case in point. Here’s a chart and commentary from our January 2021 Global Market Perspective:


[In the U.K.], the treasury took on another £31.6 billion in

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