Toyota does not face immediate chip shortage from Nexperia, CEO says
Update: 2025-10-30
Description
Toyota's CEO, Koji Sato, addresses chip shortage concerns following China's export restrictions on Nexperia, assuring that Toyota's production lines are not immediately threatened. Sato emphasizes the company's focus on standardizing legacy chips to avoid pandemic-era supply issues. Meanwhile, Toyota plans to take Toyota Industries private in a buyout, with Sato pledging transparency and consideration for minority shareholders.
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