MOTORCYCLE brand Yamaha Motor Philippines, Inc. said that the production of its motorcycles has been reeling from the semiconductor shortage which has affected its overall sales.
Hiroshi Koike, Yamaha Motor Philippines president, said that the company’s sales for 2022 are around 20% of pre-pandemic levels due to the lack of semiconductors used in assembling the motorcycles.
Mr. Koike said that due to a lack of supply, 2022 is on par with last year in terms of units sold. “We wanted to increase but we ended up in just having similar units sold as last year,” he said. Mr. Koike said the company does not directly procure as semiconductors come from suppliers that put the chips into the products such as an anti-lock braking system.
“There is a new third factory line which we started mass producing last year. Due to the lack of component parts, we are not able to use up to the full capacity [at this] time. This is coming from the lack of semiconductors. The third factory line is about 40% operating level,” Mr. Koike said.
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