Global chip shortage might exacerbate due to new COVID-19 outbreak in Asia - The News Pocket 0 0 HomeAutomobileBusinessTechnologyEntertainmentInternetSportsReviews 0 Computing

Global chip shortage might exacerbate due to new COVID-19 outbreak in Asia

Posted by By Mary Woods June 14, 2021 Global chip shortage might exacerbate due to new COVID-19 outbreak in Asia A new report from The Wall Street Journal suggests the renewed outbreaks of COVID-19 in Asia could create delays in the global supply chain and exacerbate the global semiconductor shortage. Powerhouse countries in terms of global chip production like Taiwan are currently experiencing a surge in COVID-19 cases. Yesterday, Taiwan’s Central Epidemic Command Center announced that there were 251 new confirmed cases of COVID-19 and 26 deaths while on Friday, the agency reported 287 new cases and 24 deaths. In Taiwan, Covid 19 cases have been on the rise since early May. South China Morning Post reported “Starting on May 10, COVID-19 infections jumped from one to three-digit figures within a matter of days.” The Wall Street Journal reported, “At King Yuan Electronics Co., one of the island’s largest chip testing and packaging companies, more than 200 employees have tested positive for the virus this month, while another 2,000 workers have been placed in quarantine — cutting the company’s revenue this month by roughly a third.” TSMC, Qualcomm, and many other big tech companies indicated that they were left unaffected but just back in April, the companies warned that chip shortages could last through 2022. As of now, it is unclear that how much toll it will take on Taiwan’s supply chain and manufacturing companies. The WSJ also reported that manufacturing factories in Malaysia have slowed down there output due to COVID-19 outbreak. “All told, the Malaysia Semiconductor Industry Association says the lockdown will reduce output by between 15% and 40%.” WSJ further reported that shipping centers in Asia have also been affected. The report referred to Yantian, a major container port in Shenzhen is at 30 percent of its normal activity. Share on Share on Facebook Share on Twitter Share on Pinterest Share on Email Mary Woods June 14, 2021 Mary Woods View More Posts A news media professional with strong experience in online journalism, content management, and social media.

Leave a Reply

Leave a Reply Cancel reply

You must be logged in to post a comment.

You Might Also Enjoy

Computing

LG unveils its first UltraGear gaming laptop with RTX 3080 GPU & more

Posted by By Maria Janulis 3 Min Read Computing

Sony unveils the world’ s first double-stacked image sensor for smartphones

Posted by By Michael Turner 2 Min Read ComputingFuture

Google to develop “ Augmented Reality OS” for an AR device

Posted by By Mary Woods 2 Min Read Computing

NVIDIA GeForce RTX 40 scheduled to arrive in 2022 by TSMC s 5nm Process

Posted by By Staff Reporter 1 Min Read Computing

MediaTek’ s Dimensity 7000 specs leaked ahead of launch

Posted by By Staff Reporter 2 Min Read Computing

LG TVs can now automatically turn on Filmmaker Mode

Posted by By Michael Turner 2 Min Read Load More Our website uses cookies to improve your experience. Learn more about: Cookie Policy Accept Go to mobile version