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With Looming Chip Shortage, Korean Automakers Set to Face Output Cuts

With Looming Chip Shortage, Korean Automakers Set to Face Output Cuts

SEOUL, March 30 (Korea Bizwire) — 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. The chip shortage stems from multiple factors such as chipmakers shuttering plants or cutting production due mainly to [...]