Hyundai suspends US plant due to chip shortage

Hyundai suspends US plant due to chip shortage
# 14 June 2021 11:43 (UTC +04:00)

Hyundai Motor Company announced on Monday it will cease operations at its factory in the United States, citing semiconductor shortage and maintenance work as the main reasons for the move, APA reports citing Teletrader.

The carmaker's Alabama facility will be closed for one week from June 14 due to chip shortage, and for two weeks from June 16 to July 11 for routine maintenance, a Hyundai spokesman said.

Last month, Hyundai and Samsung Electronics Co. came to an agreement to cooperate on solving the chip shortage issue.

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THE OPERATION IS BEING PERFORMED