Japan carmakers scramble to assess impact of blaze at vital chip plant

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© Leo Daphne

By Alex Lennane

22/03/2021

More bad news in the world of semiconductors, which has already been hit by global shortages. This is set to be exacerbated by a fire at a chip plant in Japan, which will take at least a month to re-start production. Japan’s car-makers could face uneven production rates as a result, warns Reuters. One analyst said the impact would be significant because of the current shortage, and said a recovery could take up to six months.

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automotive Japan semi-conductors China Cosco Shipping Cosco Finished vehicle logistics PCTC Qingdao

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