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Ford enters semiconductor business amid chip-shortage impact

wsj 3 min read . Updated: 18 Nov 2021, 07:13 PM IST Mike Colias, The Wall Street Journal
Ford entered a strategic agreement with US-based chip maker GlobalFoundries to develop chips, a pact that could eventually lead to joint production in the US (Photo: AP)Premium
Ford entered a strategic agreement with US-based chip maker GlobalFoundries to develop chips, a pact that could eventually lead to joint production in the US (Photo: AP)

The auto maker and GlobalFoundries agree to develop, potentially produce chips in U.S. under strategic pact

Ford Motor Co. is looking to get into the semiconductor business, after a year of computer-chip shortages that snarled its global factory output.

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