South Korean automaker Hyundai Motor said on Friday it has decided to suspend production for two days from Monday at its Asan plant due to chip shortage.
It said the suspension comes after the supply conditions for semiconductor parts for powertrain control units.
“We are closely observing the situation to take prompt and necessary measures to optimize production in line with the supply conditions,” Hyundai.
The Asan factory produces 300,000 vehicles each year, including the Sonata and Grandeur sedans.
Hyundai last week declared it would suspend output at Ulsan, its main South Korean factory, during April 7 to April 14 due to chip and parts supply issues.
Highlighting the severity of the worldwide chip shortage crisis, Hyundai has become the recent automaker to halt manufacturing due to the chip shortage.
Hyundai had been able to prevent a hit from the shortage so far mainly because it maintained a stockpile of chips unlike other major automakers.
The chip shortage, which has hit automakers worldwide, emerges from a confluence of factors as automakers, which closed plants for two months during the coronavirus pandemic last year, rival against the sprawling consumer electronics industry for chip supplies.
