Coronavirus Impacting the Electronics Industry
February 4, 2020
As of today, hundreds of manufacturing plants are shut down and many millions of parts affected due to the new viral outbreak, negatively impacting many industries including the electronics industry.
"Both Suzhou and Shenzhen have announced that all high employment density companies located in these cities will remain closed for at least the next 10 days. Coming unexpectedly on the heels of the Chinese New Year holiday shutdown, these 10 days will undoubtedly send ripples through the supply chain for the next few months." - Ron Keith, SCRG
Global electronics component manufacturers that are shut down include but not limited to:
- Amphenol Corporation
- Advanced Semiconductor
- Molex Incorporated
- Panasonic Corporation
- Samsung Electronics
- And many more...
If you are having any allocation and/or availability issues, contact one of our Supply Advisors at Chip 1 Exchange to help address your problem during this crisis.