According to the Korean version of the Korean Central Daily News, due to the impact of the new crown virus epidemic, the supply of parts and components imported from China was interrupted. Following the car factory, the solar cell factory in South Korea will also be suspended.
Hanwha Group of Letters, a subsidiary of Hanwha Group, convened a council on the 11th and decided to temporarily suspend the operation of two factories in Jincheon and Eumseong-gun, Chungcheongbuk-do. Among them, the Zhenchuan factory suspended most of its production from the 12th to the 23rd. Due to the availability of some raw materials, it is planned to start part of the production from the 17th to the 20th. The Yincheng Plant was suspended for 6 days from the 18th to the 23rd.
Hanhua explained on the shutdown, that China's current measures to prevent the spread of the epidemic include restrictions on transportation and transportation, closed cities, closed management, resumption of work in batches, and extension of the Spring Festival holiday. We will discuss plans to expand the procurement channels for components. If Chinese suppliers restart production, procurement time will be minimized.
Hanwha said that production is currently underway at plants in the United States, China and Malaysia.
A few days ago, Bloomberg reported that due to the outbreak of pneumonia caused by a new coronavirus, Hyundai Motor Group has interrupted the supply of parts. Hyundai said it would suspend vehicle production at its South Korean plant. It is reported that Hyundai Motor has seven factories in South Korea, South Korea is the largest production base of Hyundai Motor.
The main reason for the factory's shutdown is the insufficient supply of wiring harnesses. The main supply channels for this component are currently mostly in China. Relevant suppliers have indicated that they will increase production at factories in South Korea and Southeast Asia to make up for gaps due to insufficient supplies in China.