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A major earthquake in Japan threatens to exacerbate the ongoing global microchip shortage as the total number of vehicles removed from production plans this year surpassed 1 million.
TOKYO, March 18 ― Japanese manufacturers began restarting production at some of the plants that were halted following an earthquake that jolted the country's northeast late on Wednesday. Murata Manufacturing Co Ltd, the top global supplier of ceramic capacitors used in smartphones and cars, said...
TOKYO (Reuters) -Japanese manufacturers began restarting production at some plants in the country's quake-hit northeast, but Toyota Motor Corp said it plans to idle 18 assembly lines for a few days next week due to a shortage of parts from suppliers.
Toyota said it will idle the 18 lines at 11 domestic factories, mostly for three days
Chinese state owned broadcaster on Friday (March 18) announced that China’s president Xi Jinping and U.S. president Joe Biden will be exchanging views on issues of mutual concern in an upcoming call, Reuters reported. Biden and Xi will speak by phone, scheduled for 9 a.m. Eastern time (1300 GMT), and Washington has already threatened lower-level