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China's Covid flare-ups and lockdowns are disrupting port and chip factory operations, hitting the supply chain — again

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  • China's Covid flare-ups and lockdowns are disrupting port and chip factory operations, hitting the supply chain — again

    Source: https://www.businessinsider.com/chin...n-again-2022-1

    China's Covid flare-ups and lockdowns are disrupting port and chip factory operations, hitting the supply chain — again
    Huileng Tan
    7 hours ago

    COVID-19 outbreaks in China come on the back of signs that the global supply chain crisis was easing.
    Samsung and Micron recently warned that a lockdown in the city of Xi'an could affect chip factory operations.
    A partial lockdown in Ningbo has affected operations at the city's major port.


    COVID-19 flare-ups in China are straining supply chains as authorities tighten movement restrictions in various cities to stamp out the virus.

    The current outbreaks come on the back of signs that the global supply chain crisis may be easing, throwing a curveball into the situation.

    "Ongoing lockdowns in China are already causing disruptions," Japanese bank Nomura said in a note last week.

    Major chipmakers Samsung and Micron recently warned that an intense lockdown in the city of Xi'an could affect operations at their manufacturing facilities in the city. A delay in chip supply would intensify a global chip shortage and affect the timeline for electronics manufacturing.

    Ningbo, a port city of around 8 million, is also dealing with a partial lockdown. Its Beilun district has been especially hard hit, and that's spelled major problems for the shipping industry. ..

  • #2
    Please see our China COVID-19 forum for recent outbreak data:

    https://flutrackers.com/forum/forum/...20-may-31-2021

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    • #3
      bump this

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