Honda sees declining profits on semiconductor crunch | Borneo Bulletin Online

TOKYO (AP) – Honda’s fiscal first quarter profit fell 33 per cent from last year as a global computer chip shortage, a pandemic-related lockdown in China and the rising costs of raw materials hurt the Japanese automaker. Tokyo-based Honda Motor Co reported yesterday that its profit totalled JPY149.2 billion (USD1.1 billion) in the April-June quarter, […]

Related Keywords

China ,Japan ,Tokyo ,United States ,Shanghai ,Japanese ,Kohei Takeuchi ,Honda Motor Co ,Honda ,Financial Officer Kohei Takeuchi ,P ,211 ,Rhonda S ,Iscal ,First ,Quarter ,Profit ,Fell ,3 ,Her ,Kent ,Us ,Lobal ,Computer ,Chip ,Shortage , ,Pandemic Related ,Lockdown ,Rising ,Costs ,Jaw ,Materials ,Yurt ,Automaker ,Okyo Based ,Motor ,O ,Eported ,Hat ,Its ,Totalled ,Py149 2 ,Billion ,Sd1 1 ,Illion ,April June ,Ellip ,