World NM: (News Focus) With looming chip shortage, Korean automakers set to face output cuts001041

A global semiconductor chip shortage is set to spill over into Korean automakers as well, raising concerns that a prolonged supply glitch may derail local carmakers off track amid the pandemic.
Global carmakers such as General Motors Co. and Toyota Motor Corp. have temporarily shuttered or cut production at some of their plants as they struggle to deal with the lack of semiconductor chips.
The decision comes amid a lack of semiconductor parts used in the Kona’s front vehicle camera system and a problem in Hyundai Mobis Co.’s production line.

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