Manufacturers expect to solve the semiconductor shortages Hyundai will increase production in the second half

 

Manufacturers such as Hyundai Motor Co., Ltd. in South Korea, ABB, a major heavy electric company in Switzerland, and Electrolux, a major consumer electronics company in Sweden, are saying that the global semiconductor shortage is being resolved. There is.


Hyundai Motor Co., Ltd. announced its second quarter financial results on the 21st that it is easing the global semiconductor shortage and that overtime and weekend shifts have resumed at its domestic plants. It plans to increase production in the second half to meet customer demand.


The company's second-quarter earnings increased 59% due to the depreciation of the won and other factors.


ABB also said at the time of the announcement of its financial results that the difficulty in procuring semiconductors is being eased. If the supply of semiconductors increases, it will be possible to ship industrial robots and motors, and sales growth in the next three months is expected to be in the double-digit range.


Demand for the company's control systems and motors is seen as a barometer of the global economy.


Nokia, a major Finnish telecommunications equipment company, also said that the semiconductor tightness would ease from the second half of the year to the first half of next year.


Electrolux expects supply chain restrictions to ease in the second half. Jonas Samuelson, the CEO, said the supply and demand situation for semiconductors and other products is gradually returning to normal.


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