KONTAN.CO.ID - BERLIN. Volkswagen has begun purchasing strategically important chips it believes will be in short supply globally directly from 10 manufacturers including NXP Semiconductors, Infineon Technologies and Renesas Electronics the carmaker said on Wednesday. The German carmaker, which previously relied on its component suppliers to purchase chips, began striking direct deals with chipmakers last October to ensure its supply was secure, according to Karsten Schnake, head of a Volkswagen-wide taskforce for component supply founded in 2022. "Global market capacity is not sufficient. We must get active," said Dirk Grosse-Loheide, purchasing chief for Volkswagen's passenger car brand.
Volkswagen Strikes Direct Supply Deals for Chips to Avoid Global Shortage
KONTAN.CO.ID - BERLIN. Volkswagen has begun purchasing strategically important chips it believes will be in short supply globally directly from 10 manufacturers including NXP Semiconductors, Infineon Technologies and Renesas Electronics the carmaker said on Wednesday. The German carmaker, which previously relied on its component suppliers to purchase chips, began striking direct deals with chipmakers last October to ensure its supply was secure, according to Karsten Schnake, head of a Volkswagen-wide taskforce for component supply founded in 2022. "Global market capacity is not sufficient. We must get active," said Dirk Grosse-Loheide, purchasing chief for Volkswagen's passenger car brand.