Reported about 7 hours ago
Toyota Motor Corporation's CEO, Koji Sato, stated that the company does not face an immediate chip shortage linked to Chinese export restrictions on Nexperia products. While there are risks to production, Sato reassured that Toyota is not at risk of a major supply crunch. The auto industry is actively responding to potential shortages after export bans were placed on Nexperia, but Toyota is working to standardize chip inventories, learning from past pandemic disruptions.
Source: YAHOO