Last week, Ford Motor Co. revealed new ways to combat the current shortage of semiconductors they have faced over the past year. GlobalFoundries Inc., a global leader of feature-rich semiconductor manufacturing, and Ford Motor Company announced a strategic partnership to improve semiconductor manufacturing and technology development in the United States.
Ford has signed a non-binding agreement with GlobalFoundries Inc. to work together on technology and production improvements. This collaboration aims to increase chip supplies for Ford as well as the U.S. auto industry. This partnership will allow Ford to reestablish balance to the automotive industry as supply-demand has caused delays to production globally.
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