The two companies announced a non-binding agreement that could involve increasing production capacity for Ford's current lineup and performing joint research and development on several categories of chips that are likely to be key to future cars, such as battery-management systems and self-driving systems.
Over the past year, a global chip shortage has caused Ford and other automakers to curtail vehicle production. Most companies have directed the chips they receive to their most profitable vehicles. That has led automakers to explore ways to boost access to chips.
Majority owned by Abu Dhabi's sovereign wealth fund, GlobalFoundries became publicly traded this year when it sold a stake in its business in a $26 billion initial public offering.
Bu hikaye Business Standard dergisinin November 19, 2021 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin November 19, 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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