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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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<blockquote data-quote="Weather Man" data-source="post: 16597063" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3675516-hyundai-sees-production-hit-from-april-due-to-chip-shortage-ft" target="_blank">Hyundai sees production hit from April due to chip shortage – FT</a></p><ul> <li data-xf-list-type="ul">Hyundai (<a href="https://seekingalpha.com/symbol/HYMTF" target="_blank">OTCPK:HYMTF</a>) is expects a <a href="https://www.ft.com/content/8f48ea84-ec31-479a-a3c0-f4a231299ce2" target="_blank">disruption of production starting in April</a> due to the chip shortage affecting automakers around the world, <em>Financial Times</em> reports.</li> <li data-xf-list-type="ul">Hyundai had been adjusting production of weaker selling models to save chips, but inventory levels have become tight and the problem will start to affect production soon, according to the report.</li> <li data-xf-list-type="ul">Production has not slowed for popular models such as the Palisade, the new Tucson and the Genesis GV models, but Hyundai reportedly has stopped overtime and weekend production for less-popular models.</li> <li data-xf-list-type="ul">Last week's fire at automotive chipmaker Renesas' Naka factory will pause production for at least a month, and research firm TrendForce says <a href="https://seekingalpha.com/news/3674911-auto-chip-company-renesas-facing-one-month-production-pause-after-fire" target="_blank">three months is its conservative estimate for when the fab can get back to its pre-fire level of wafer start capacity</a>.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16597063, member: 137766"] [URL='https://seekingalpha.com/news/3675516-hyundai-sees-production-hit-from-april-due-to-chip-shortage-ft']Hyundai sees production hit from April due to chip shortage – FT[/URL] [LIST] [*]Hyundai ([URL='https://seekingalpha.com/symbol/HYMTF']OTCPK:HYMTF[/URL]) is expects a [URL='https://www.ft.com/content/8f48ea84-ec31-479a-a3c0-f4a231299ce2']disruption of production starting in April[/URL] due to the chip shortage affecting automakers around the world, [i]Financial Times[/i] reports. [*]Hyundai had been adjusting production of weaker selling models to save chips, but inventory levels have become tight and the problem will start to affect production soon, according to the report. [*]Production has not slowed for popular models such as the Palisade, the new Tucson and the Genesis GV models, but Hyundai reportedly has stopped overtime and weekend production for less-popular models. [*]Last week's fire at automotive chipmaker Renesas' Naka factory will pause production for at least a month, and research firm TrendForce says [URL='https://seekingalpha.com/news/3674911-auto-chip-company-renesas-facing-one-month-production-pause-after-fire']three months is its conservative estimate for when the fab can get back to its pre-fire level of wafer start capacity[/URL]. [/LIST] [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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