Page 6 - ஜப்பான் டொயோட்டா மோட்டார் கார்ப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Auto Industry Rethinks Cost-Cutting Playbook As COVID-19, Chip Shortages Disrupt Supply Chains
businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), Apple Inc (NASDAQ:AAPL) - Japan s Chip Suppliers Are Gaining From Global Chip Crisis: Report
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
The world’s largest carmaker doesn t have a chip-shortage problem.
In contrast to the rest of the auto industry, Japan’s Toyota Motor Corp. said on Feb. 10 it wasn’t expecting a shortfall of semiconductors to affect its production. In the company’s earnings call, Chief Financial Officer Kenta Kon said that as part of its business continuity plans, Toyota which makes more than 10 million cars a year had secured “one to four months of stocks as necessary” for various components. As its operating profits surged, it raised its earnings forecast by over 50%. (On Tuesday, the company said it will partially halt 14 production lines at nine plants because of disruptions to suppliers resulting from the Feb. 13 earthquake off the coast of Japan. The pauses range from two to four days.)
vimarsana © 2020. All Rights Reserved.