General Motors will halt production or extend shutdowns at several North American factories, including one in Ontario, because of the shortage. Meanwhile, Apple has postponed the production of some MacBooks and iPads, sources told Nikkei Asia. (The Wall Street Journal, Nikkei Asia)
Talking point: A variety of sectors are feeling the pinch from the chip shortage, which is caused by a surge in demand thanks to changing consumer behaviour in the pandemic. Canadian imports and exports of motor vehicles fell in February, partly caused by slowed or halted production at North American auto-assembly plants related to the chip shortage, according to Statistics Canada data. GM’s Ontario plant will remain closed until May 10. Even Apple’s famed expertise at managing global supply chains couldn’t save it from the hit.