Toyota to cut down production over next three months
Toyota is scaling back production in Japan for the next three months as it deals with a chip supply shortage.
Stay updated with breaking news from Chip Supply. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Toyota is scaling back production in Japan for the next three months as it deals with a chip supply shortage.
Toyota is scaling back production in Japan for the next three months as it deals with a chip supply shortage.
A Chinese state-run media disclosed that China’s continued reliance on chip imports could be “fatal” to its automotive industry and national economy.
TAIPEI—U.S. Commerce Secretary Gina Raimondo discussed chip supply chains during a call with her opposite number in Taiwan and the two will cooperate on technology trade and investment through a newly established mechanism, her office said.
When semiconductor shortages began to hit automakers and other customers late last year, executives voiced optimism that supplies would quickly return to normal. They’re still waiting.