Topic

#chortage

Every story tagged #chortage on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

Automotive

Feb 9, 20222 min read

EV Battery Giant LG Energy Solution Sees Demand Rising As Chip Shortage Eases

Battery maker LG Energy Solution Ltd (LGES) said on Tuesday it aims to boost sales by about 8% in 2022, forecasting a pick-up in demand for electric vehicle (EV) batteries as a global chip shortage eases later this year. The newly listed South Korean firm,…

Automotive

Aug 12, 20211 min read

Chip Shortage Prompts Production Halt At Volvo Cars In Gothenburg

Volvo Cars, owned by China’s Geely Holding, will temporarily stop production at its Swedish plant in Gothenburg due to the shortage of semiconductor chips, it said on Wednesday. A global chip shortage has hit manufacturing, with automakers cutting down on…