Washington has been cracking down for years on China and other adversaries’ ability to access cutting-edge technologies needed for artificial intelligence, over fears that advanced chips and components could lend Beijing a military edge.
Quarterly sales surged 29% to 2.8 trillion yen ($21 billion), as a shortage of computer chips that has bedeviled the world’s automakers gradually eased, according to Nissan.
After months of factory outages due to the component shortfalls, the order backlog is keeping factories busy even as the global economy shows signs of sputtering, Karin Radstrom, who also leads the truckmaker’s business in Europe and South America, said in an interview.
The glowing wands fans wave during concerts and virtual events are fitted with so-called microcontrollers for power management and to pair with a phone to change colors, and highlight how far the squeeze has rippled through various industries and aspects of everyday life.