BERLIN (Reuters) -German automotive supplier ZF has a secure supply of chips in the short term but it is making adjustments at its site in the city of Schweinfurt due to changes in customer demand, a
ZF Adjusts Production Capacity Amid Changing Customer Demand
BERLIN (Reuters) -German automotive supplier ZF has a secure supply of chips in the short term but it is making adjustments at its site in the city of Schweinfurt due to changes in customer demand, a company spokesperson said on Friday.
Bloomberg had reported earlier that the company was reducing production there due to a semiconductor shortage sparked by a conflict with China over supplier Nexperia, citing people familiar with the matter.
The spokesperson for ZF said production stoppages or disruptions were possible if problems in customers' supply chains lead to fewer orders or if the company's own supply is interrupted.
"We are prepared for this and can adjust our production capacities accordingly," the spokesperson added.
He confirmed changed shift schedules in Schweinfurt but said these were "currently unrelated to the chip shortage and are instead due to fluctuating customer demand".
(Reporting by Rachel MoreEditing by Ludwig Burger and Matthias Williams)
