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The recent exodus of workers from the world’s largest iPhone factory in China signals the increased demand for Apple’s suppliers to shift more manufacturing to markets like Vietnam and India.
Half of Apple’s 200 top suppliers including Pegatron, Compal Electronics have facilities in and around Shanghai, where COVID-related lockdowns and traffic restrictions “are disrupting a wide swathe of business activities,” according to a Nikkei Asia analysis. More than 70 companies own manufactu
Hyundai s efforts to make own chips could cause client issues
Posted : 2021-06-03 16:36
Updated : 2021-06-03 18:51
SsangYong Motor workers are assembling a car engine at the company s Pyeongtaek plant in Gyeonggi Province, in this file photo. Korea Times file
By Kim Yoo-chul
The global tech and automotive industries are still reeling from a shortage of semiconductor chips, with demand for automotive chips outstripping supply. This supply-demand mismatch has directly impacted major carmakers.
Hyundai Motor Group is not immune to this crisis, as the country s top vehicle manufacturer has lost a considerable amount of production volume, halting production amid the continuing automotive chip shortage. With no end in sight, carmakers will continue to be affected for some time to come.