When it comes to technological products, Apple is undoubtedly among the best in the world. The company is seen by many as the determining factor in the direction of technology with the products it introduces. However, the company may run into a significant supply shortage.
TSMC comments on the global chip crisis
One of the TSMC management shared his predictions about the global chip shortage affecting all technology giants in his interview.
Foxconn stops production in Shenzhen, China
Foxconn, the world’s largest contract electronics manufacturer, is the most important supplier of companies such as Apple and Samsung. The electronics manufacturer, which has an important place for technology giants, is in trouble with the coronavirus epidemic. Foxconn has stopped its production line in Shenzhen, China. Regional officials decided to quarantine at Foxconn’s Longhua and Guanlan factories due to increasing coronavirus cases.
Shenzhen city of China has an important place in terms of technology. The city is the headquarters of many technology companies such as Huawei, Tencent and Oppo, as well as Foxconn, the supplier of Samsung and Apple. So much so that an epidemic that will spread in the region may cause a great disruption in the technology world. That’s why the authorities are keeping the measures tight. The Chinese government announced the quarantine decision with the following words:
China put 17.5 million Shenzhen residents in lockdown for at least a week on Sunday to stop a growing Covid-19 outbreak. All bus and subway systems were shut down, businesses except those providing essential services were shut down.
The quarantine decision taken on March 13 is expected to last until March 20. Apple is expected to be the company most affected by this quarantine process. Because the technology giant introduced many new products with its event on March 8. The production line for these products is located at Foxconn. According to sources famous for Apple leak information, a supply chain will be formed in Mac Studio.