SEOUL (Reuters) – South Korea’s Hyundai Motor Co plans to suspend production for two days from Monday at its Asan plant because of a chip shortage, Yonhap news agency said, citing an unidentified company official.
The shortage had led to problems for Hyundai over powertrain control unit parts, the agency added.
The Asan factory turns out 300,000 vehicles each year, including the Sonata and Grandeur sedans.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.