Proton Unlikely To Experience Chip Shortage This Year, Says Deputy CEO

Roslan Abdullah, the deputy chief executive officer of Proton, claims that the automotive industry was impacted by the global shortage of semiconductor chips brought on by increased demand.

He claims that the shortage has been resolved as a result of the high demand from the previous year.

Roslan said that the national automaker's chip shortage over the previous three years was also brought on by Proton's production running higher than anticipated.

“We are producing more than what we planned earlier. So for the next two years, we already ordered the amount that we only wanted to produce,” he added.
Sales of Proton decreased 32.2% to 8,839 units in April of last year, primarily because of a chip shortage.

With 9,415 units sold in April of this year, a 6.5% increase year over year, the automaker experienced a turnaround. The highest in the Malaysian automotive sales table, Proton's sales for the first five months of the year totaled 62,970 units, an increase of 38.9% year over year.

Source: Theedgemarket