(Photo: Yonhap News)
GM Korea said Thursday it will suspend two of its three plants next week due to a lack of semiconductor parts.
The South Korean unit of General Motors plans to halt the No. 1 and No. 2 plants in Incheon, just west of Seoul, from April 19-23 as the chip supply continues to remain fluid globally.
"We will continue to work closely with our supply base to find solutions for our suppliers' semiconductor requirements and to mitigate the impact on GM Korea," it said in a statement, adding that their intent is to make up for lost production.
GM Korea has been operating half of the No. 2 Bupyeong plant, which produces the Trax compact SUV and the Malibu midsize sedan, since February 8 due to the chip shortage.
The No. 1 Bupyeong plant produces the Trailblazer SUV.
The Detroit carmaker has three Korean plants -- two in Bupyeong and one in Changwon -- whose combined output capacity reaches 630,000 units a year.
For the whole of 2020, GM Korea sold 368,453 vehicles, down 12 percent from a year earlier, amid the COVID-19 pandemic.
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