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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: 16599313" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3677078-hyundai-reportedly-plans-to-suspend-production-key-south-korean-plant" target="_blank">Hyundai reportedly plans to suspend production at key South Korean plant</a></p><ul> <li data-xf-list-type="ul">Hyundai Motor (<a href="https://seekingalpha.com/symbol/HYMLF" target="_blank">OTCPK:HYMLF</a>) plans to temporarily <a href="https://www.reuters.com/article/us-hyundai-motor-semiconductor-idUKKBN2BL16Y" target="_blank">suspend</a> production at its Ulsan No.1 plant in South Korea from April 5 to April 13 due to the global chip shortage, according to Korea Economic Daily.</li> <li data-xf-list-type="ul">The Ulsan factory produces 311K vehicles annually including the Kona Electric and Ioniq 5.</li> <li data-xf-list-type="ul">Hyundai says an official decision on suspending production hasn't been made yet.</li> <li data-xf-list-type="ul">Shares of Hyundai are up 12.25% YTD in Seoul trading.</li> <li data-xf-list-type="ul"><a href="https://seekingalpha.com/article/4412904-hyundai-and-electrification-good-news-bad-news-all-good-news" target="_blank">Read about Hyundai's electrification push</a>.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16599313, member: 137766"] [URL='https://seekingalpha.com/news/3677078-hyundai-reportedly-plans-to-suspend-production-key-south-korean-plant']Hyundai reportedly plans to suspend production at key South Korean plant[/URL] [LIST] [*]Hyundai Motor ([URL='https://seekingalpha.com/symbol/HYMLF']OTCPK:HYMLF[/URL]) plans to temporarily [URL='https://www.reuters.com/article/us-hyundai-motor-semiconductor-idUKKBN2BL16Y']suspend[/URL] production at its Ulsan No.1 plant in South Korea from April 5 to April 13 due to the global chip shortage, according to Korea Economic Daily. [*]The Ulsan factory produces 311K vehicles annually including the Kona Electric and Ioniq 5. [*]Hyundai says an official decision on suspending production hasn't been made yet. [*]Shares of Hyundai are up 12.25% YTD in Seoul trading. [*][URL='https://seekingalpha.com/article/4412904-hyundai-and-electrification-good-news-bad-news-all-good-news']Read about Hyundai's electrification push[/URL]. [/LIST] [/QUOTE]
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SVTPerformance's Chain of Restaurants
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Frying Pan Into the Fire -- Chip Shortage
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