Business Opel, a subsidiary of Stellantis (STLA.MI), announced on Thursday that it will close one of its German plants until at least the end of the year due to chip shortages. Production at the Eisenach plant, which produces internal combustion engine and hybrid electric vehicles, is expected to resume in 2022, though an Opel spokespersonContinue reading “Due to a chip shortage, Opel has decided to close its German plant until 2022.”
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India, Taiwan May Ink Mega Deal to Set Up Chip Manufacturing Plant. It’s a Global Rescue New Delhi and Taipei have met in recent weeks to discuss a deal that would bring a chip plant worth an estimated $7.5 billion to India.
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