Hyundai Q1 profit triples, warns on chip shortage
Hyundai posted a first-quarter profit that nearly tripled to its highest in four years on Thursday.
The carmaker was unscathed by the health crisis as people in its home market and the U.S. snapped up its high-margin sports-utility vehicles and premium Genesis cars.
Net profit surged 187% to $1.16 billion.
While revenue rose 8.2%.
But there were warnings.
Hyundai said it would have to adjust production again in May because of a chip shortage.
Unlike its rivals, the South Korean automaker staved off production halts in the first quarter, thanks to a healthy chip inventory.
But the shortage, exacerbated by factors including a fire at a chip factory in Japan and storms in Texas, is now catching up with it.
Hyundai, which together with affiliate Kia is among the world's top 10 automakers by sales,
has temporarily paused production three times since the beginning of this month and saved chips for its most popular models.
The firm has also lagged its rivals in the electric vehicle race.
But it added on Thursday that it was developing solid-state batteries
and plans to mass produce EVs using them in 2030.
相關影片推薦
- 2:24路透拆解華為最新手機 中國國產零件比例增多「自給自足」取得進展Yahoo奇摩(國際通)70,396 次觀看・16 小時前
- 1:05何超蓮慶生同框老公竇驍破婚變 33歲生日願望讓人森77娛樂星聞5,235 次觀看・11 小時前
- 2:05萬華黑幫勢力複雜! 三大傳統角頭各據山頭華視影音2,514 次觀看・1 天前
- 2:25科學家發現抹香鯨「溝通密碼」AI分析8700聲音片段揭「拼音字母表」Yahoo奇摩(國際通)24,069 次觀看・16 小時前
- 1:49上市公司大股東夫婦遭詐 騙光6千萬養老金東森新聞影音7,474 次觀看・6 小時前
- 1:37詐了又詐!設局約面交 警逮19歲金髮女車手|#鏡新聞鏡新聞54,517 次觀看・14 小時前
- 0:26花蓮連2震「崇德山區驚見山崩」 土石傾瀉而下畫面曝光民視影音11,524 次觀看・11 小時前
- 1:58獨家》名人堂花園飯店易主 員工爆飯店逼簽延付薪資同意書東森新聞影音2,488 次觀看・7 小時前
- 1:44獨家》名人堂飯店為何易主? 知情人士爆:親子客多 球迷客少東森新聞影音962 次觀看・7 小時前
- 1:05Winter說自己好累哥哥暖心安慰 爸爸引用房時爀「把aespa踩在腳下」名言網友笑翻娛樂星聞7,973 次觀看・20 小時前