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Factories in Kunshan extend hiatus - Taipei Times

Several Taiwanese manufacturers in Kunshan, China, said that they would keep their factories closed at least until today, as city health authorities have extended a lockdown due to a rise in COVID-19 cases. Many Taiwanese manufacturers of printed circuit boards (PCBs) and other components for consumer electronics, automobiles and other products have subsidiaries in Kunshan, which borders Shanghai, where the number of COVID-19 cases has surged in the past few weeks. Unimicron Technology Corp (欣...
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Shanghai lockdown upends businesses

Tesla Inc’s factory shutdown has stretched out to at least 12 days, much-needed semiconductors are piling up at manufacturers amid a shortage of truck drivers and bankers are camping in their offices as Shanghai’s COVID-19 lockdown disrupts businesses in the city. The lockdowns and virus containment measures threaten to slow the nation’s economic growth this year to below the Chinese government’s 5.5 percent target, Bloomberg Economics said. They also risk further havoc on already stress...
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