Business

Ford is entering the chips business

[ads1]




Ford Motor Co. wants to enter the semiconductor industry, after a year of lack of computer chips that narrowed the global production from the factory.

Ford entered into a strategic agreement with the American chip manufacturer GlobalFoundries Inc. to develop chips, a pact that could eventually lead to joint production in the United States, the companies said on Thursday. They did not disclose terms or say how much they could invest in future production capacity.



Source link

Back to top button