Whenthereis a shortageoffsiliconchips, asthereisrightnow, theyloseouttobigtech.
Majorbrands, includingVolkswagen, FordandGeneralMotorshaveallhadtocutoutputassemiconductorsrunshort, about $800 offsilicongoesinto a modernelectricvehicle.
Theindustryas a wholespendsabout $40 billiononchipseveryyear.
OnetoldReutersandautofirmhadsuggesteditrun a nightshifttoincreaseoutput, notrealizingthat 24 hourproductionwasthenormanyway.
Now, inFinney, onthebiggestsupplieroffchipstothecarindustrywillcommission a newplantthisyear.
ButAsiansemiconductorfoundriescontinuetogiveprioritytobigtechanalystsatHHSmarketestimatethatleavesproductionoff a millionvehiclesatriskinthefirstquarter.