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Stock impact report

Beijing Pushes to Use China-Made Chips in Its EVs [Yahoo! Finance]

Texas Instruments Incorporated (TXN) 
Last texas instruments incorporated earnings: 4/21 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
SINGAPORE—China isn't satisfied with becoming the world's dominant maker of electric vehicles . It wants the chips inside to be Chinese-made too. Not long ago, almost all the chips in Chinese cars relied on manufacturing by the likes of Texas Instruments and Germany's Infineon. Today, the use of homemade chips has risen to around 15%, say people involved in the industry, and it is poised to rise further. Most Read from The Wall Street Journal It's the Most Indispensable Machine in the World—and It Depends on This Woman UnitedHealth's Army of Doctors Helped It Collect Billions More From Medicare How a $12.98 T-Shirt Is Made in America—at a Profit Even Rich Retirees Fear Outliving Their Money Where Have All the Managers Gone? Last week, the U.S. opened an investigation into China's production of chips made with mature technology that are often used in areas such as autos and defense. U.S. Trade Representative Katherine Tai said there was evidence China used “extensive a Show less Read more
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