Hyundai Motor faces shortage of key electrical components – to suspend South Korea production for short period

SEOUL (The HQ News) – Hyundai Motor Co on Tuesday announced that it would suspend production at its Ulsan No.1 plant in South Korea from April 7-14 due to shortage of semiconductor chips and supply chain factors of some electrical components.

The South Korean automobile production giant said there were supply problems with semiconductor parts for the front view camera system of its Kona sport utility vehicle (SUV) and power electric modules for the IONIQ 5.

Last year (2020) in february also Hyundai Motor Co. and Kia Motors Corp. had suspended parts of their local assembly lines due to a shortage in key part supplies from China amidst the spread of the coronavirus outbreak.