FILE PHOTO: Renesas Electronics Corp's logo is seen on its product at the company's conference in Tokyo, Japan, April 11, 2017. REUTERS/Toru Hanai/File photo
MANY of the world’s biggest automakers are suspending operations at their factories in Asia, Europe and North America due to a persistent shortage of semiconductors that was exacerbated by a fire at a key chip-producing plant over the weekend.
Ford Motor Co., Toyota Motor Corp., Volkswagen AG and Honda Motor Co. are among those affected by problems with the supply of semiconductors, which are used in vehicles to manage and monitor everything from engine and driving performance to air-conditioning and entertainment systems.
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