Auto parts supplier Aptiv flags Southeast Asia chip constraints

Given the COVID-19 outbreaks in Malaysia and Thailand, governments are taking a meaningful stance on production closures, Massaro said, speaking at the RBC Capital Markets industrials conference.File pic shows the Infineon plant in Malaysia)

Auto parts supplier Aptiv Plc is facing significant semiconductor supply constraints in the third quarter due to the fast-spreading Delta variant of the coronavirus in Southeast Asia, Chief Financial Officer Joseph Massaro said on Friday.

Given the COVID-19 outbreaks in Malaysia and Thailand, governments are taking a meaningful stance on production closures, Massaro said, speaking at the RBC Capital Markets industrials conference.