Shortage of semiconductors, Cnh Industrial stops “several sites in Europe”. While chip maker Tsmc announces record earnings

Shortage of semiconductors, Cnh Industrial stops “several sites in Europe”. While chip maker Tsmc announces record earnings
Shortage of semiconductors, Cnh Industrial stops “several sites in Europe”. While chip maker Tsmc announces record earnings

The shortage of semiconductors continues to put the transport sector and industry in general in difficulty. Industrial Name, controlled by Exor, announced Wednesday evening that it will temporarily close several manufacturing sites in agricultural machinery, commercial vehicles and propulsion systems in Europe, as a consequence of disruptions to the supply chain and the shortage of key components, especially semiconductors. Meanwhile, the world’s largest semiconductor manufacturer, the Taiwan Semiconductor Manifacturing Co. (Tsmc), announces record third quarter profits of $ 5.58 billion.

Cnh Industrial has made it known that “it constantly reviews its production plans to respond to this highly volatile context and plans to close the affected plants for no more than eight working days In october. The company constantly remains committed to optimize production operations in order to respond to the continuing strong demand and better serve its own dealers and customers ”, concludes the note.

Also Stellantis, in turn owned by Exor, was challenged by the semiconductor crisis. The reopening of the Melfi at the end of August the secretary of Uilm Basilicata was postponed for that reason and at the beginning of October, Marco Lomio, announced that only eight thousand cars were expected to be produced for a total of six days of work, resulting in an additional period of layoffs.

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