Hyundai Motors Begins Closing Production Plants Because of Loss of Parts from China Due to Coronavirus

GIKorea | February 6, 2020 | Korea-Business | 3 Comments

Here is another unexpected consequences of relying on Chinese parts:

Hyundai Motor workers leave the office at the main gate of the factory located in Ulsan on Tuesday afternoon, as the automaker decides to suspend all production lines at local plants in phases due to the disruption of parts supplies from China. (Yonhap)

The nation’s largest automaker Hyundai Motor confirmed Tuesday it will suspend all production lines at local plants in phases due to the disruption of parts supplies from China.
The decision follows three-hour talks between the labor union and management, and the suspension is expected to last until around Monday.
The production shutdown is due mainly to the inventory shortage of wiring harnesses, which are mostly produced in China. Handmade wiring harnesses need to be laid on the floor of vehicles during their initial assembly. Because every car model uses a different wiring harness, inventories are not usually accumulated due to difficulties in management, industry watchers said.
Korea Herald

You can read more at the link, but this should give Korean companies a taste of what would happen if the Chinese decided to put a squeeze on the Korean economy for political reasons.