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每日英語跟讀 Ep.K058: About SKorea - Chip shortage hitting Korean carmakers/晶片短缺衝擊南韓車商與拜登重建盟邦關係

· 每日跟讀單元 Daily English,國際時事跟讀Daily Shadowing

每日英語跟讀 Ep.K058: About SKorea - Chip shortage hitting Korean carmakers

The continued automotive semiconductor shortage is hitting Korean carmakers, with General Motors Korea announcing plans to halve its vehicle production at its plant here.


GMK said Thursday it decided to halve production at its Bupyeong 2 plant for February. The plant has a daily production capacity of 480 vehicles ― the cut will lead it to monthly production of around 5,000.


Analysts say it is tough to say exactly how long the automotive chip shortage could last, while UBS investment bank said it was expecting the supply-demand mismatch will improve sometime in the third quarter.


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Biden’s focus on rebuilding allies to impact Korea-US relations 拜登聚焦重建與盟邦關係 將影響韓美關係

President Joe Biden’s attention to "repairing alliances" has raised hopes that things between South Korea and U.S. will be different under the new U.S. leader.


"This will involve reaching an agreement on Special Measures Agreement negotiations fairly quickly, taking South Korea’s views on North Korea into consideration even if Seoul’s and Washington’s positions are different, cooperation in multilateral issues such as climate change or trade, and trying to get the Moon Jae-in government on board his administration’s position on China," Ramon Pacheco Pardo, who serves as associate professor of international relations at King’s College London.


"I would also expect Biden to support South Korea becoming part of an expanded G7 or similar forum, and supporting a more vocal Seoul in international relations," added Pardo.


Source article: ;


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