Toyota cuts production forecast by 300,000 cars on COVID-19 and chips shortage
The world’s No. 1 automaker is adjusting production in September and reviewing plans for October, while sticking to its forecast for operating profit of ¥2.5 trillion for the fiscal year.
Tokyo ready to back Western Digital-Kioxia deal if key tech stays in Japan, sources say
The tie-up could give Japan greater leverage in geopolitical rivalries increasingly dominated by technology, including over shortages of chips.
Chaos in supply chain won’t last, top Nissan supplier says
"Automakers will definitely recover in the latter half” of the fiscal year, Jatco's CEO said in an interview.
Toshiba warns power-chip supply will stay tight for another year
Mature tech such as Toshiba’s power chips is cheaper than cutting-edge memory and sensors but no less important for any electronic device.
How one COVID-19 case upended Toyota’s just-in-time supply chain
The problems have sparked questions about whether the auto industry’s strategy of prioritizing efficiency and maintaining minimal inventory will endure in the post-pandemic world.
Western Digital pitch for new Kioxia deal faces familiar hurdles
Resistance from within Japan, China and Kioxia's own management are among the challenges ahead.
Toyota global output up 11.9% in July, but chip crunch weighs heavy
The output grew for the 11th straight month but the rate of rise was well below the 41.2% gain in June.
Low-quality semiconductor chips likely circulating in Japanese market
Imitations are likely circulating widely across Japan, a survey by a testing firm has indicated, raising concern over an increase of defective items.
Chip crunch may last through 2022, Toyota supplier Rohm warns
"All of our production facilities have been running at their full capacity since September last year, but orders from customers are overwhelming,” the firm's CEO said this week.
Chip supplies to take new hit as COVID-19 surges in Malaysia
In recent years Malaysia has emerged as a major center for chip testing and packaging, but numbers of COVID-19 infections are soaring in the country and putting operations at risk.
Toyota cuts show how COVID-19 is ravaging even the best supply planners
Toyota’s efforts to stockpile enough chips to ride out supply disruptions only protected the firm for so long before it too succumbed to the shortages eviscerating automakers.
