A fire at a factory of one of the world’s leading auto chip makers has added to the troubles of car makers that already have slashed production because of a semiconductor shortage. The fire Friday left a swath of charred equipment in the factory owned by a subsidiary of Renesas Electronics Corp. in Hitachinaka, northeast… Continue reading Renesas Chip-Plant Fire Spreads Concerns Over Auto Supply Chain
Tag: auto supply chain
Coronavirus Exposes Cracks in Carmakers’ Chinese Supply Chains
The coronavirus is providing a lesson in how much the world’s car factories revolve around China. Hyundai, the world’s fifth-largest automaker, said Tuesday that it was temporarily stopping production lines at its factories in South Korea because of shortages of Chinese parts. The Hyundai shutdowns — the first factory lines to be idled outside China… Continue reading Coronavirus Exposes Cracks in Carmakers’ Chinese Supply Chains