South Korea factory output shrinks most since May 2020 on auto chip shortage

November 30, 2021 9:10 AM

SEOUL (REUTERS) – South Korea’s factory output in October shrank at its sharpest pace in nearly 1½ years, government data showed on Tuesday (Nov 30), as global chip shortages continued to weigh on car production.

Source : http://www.straitstimes.com/business/economy/south-korea-factory-output-shrinks-most-since-may-2020-on-auto-chip-shortage