SEOUL, June 14 A week-long strike by truck drivers in South Korea has disrupted shipments to China of a key cleaning agent used by makers of semiconductor chips, the Korean.
Hyundai Motor shuts down plant due to chip shortage; Kona, Ioniq 5 production halted
Photo by: Hyundai/Facebook
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Hyundai Motors revealed this week that it was forced to suspend the operations of its plant in South Korea. The automaker has been mulling on halting its local production since last month, and it appears that the company could no longer ignore the chip shortage.
As per The Korea Herald, the temporary closing of Hyundai Motor’s production plant actually raised a warning not just for the company but for its subcontractors and workers too. This is because the suspension means there will be no work for a given period.