UTC+8 ( BJT)

Chip shortage may cut Japanese automakers’ production

The Japanese auto manufacturers are facing the shortage of semiconductors, which may force them to slow down the pace of production again in the coming months at their plants both inside Japan and abroad after the recovery from the COVId-19 impact since August 2020, and steel consumption in the sector may decline too, market sources shared.
Shortage of semiconductors in Japan’s automaking is mainly due to the booming demand of consumer electronics including laptops, tablets, and mobile phones, as many citizens have been staying home either being forced during the months of the state of emergency or self-willingly to minimise chances of being infected by the COVID-19. “The shortage of semiconductors in the


To read the full article take a free 7-day trial to Mysteel Global

+65 6653 8227

Prices Summarization