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COVID-19 Impact Updates | Industry News
Engineering & A.I. Fights the Spread of COVID-19
Technology and medical companies have been using their data and utilizing machine learning (ML) and artificial intelligence (AI) to fight the spread of Coronavirus. By using large amounts of medical data, scientists are using AI and machine learning to quickly find trends and treatments, such…
COVID-19 Impact Updates | Industry News | Supply Chain
Shanghai Business Returns after Two Months of COVID Lockdown
June 25, 2022 – June 1st, 2022, Shanghai ended two months of total COVID-19 lockdown. Shops have reopened and people are allowed back into offices, parks and public areas. Over 25 million residents are now free to resume life and work operations as before. Foreign…
COVID-19 Impact Updates | Industry News | Supply Chain
ELM Electronics, OBD-II Chip Maker, Shuts Doors
June 24, 2022 – After more than 24 years of business, ELM Electronics is set to close its doors on June 30, 2022. ELM Electronics has been a part of the electronics and integrated circuits industry since its founding in 1998. They manufacture a wide…
COVID-19 Impact Updates | Industry News | Supply Chain
Grim Production Forecasts from China’s COVID-19 Lockdown
May 23, 2022 – After more than 6 weeks of strict lockdowns, China’s drop in industrial production and retail sales is far worse than what analysts have predicted. Worst Economic Fallout Since February 2020 The economic contraction is the worst felt in China since…
COVID-19 Impact Updates | Event | Industry News | Supply Chain
List of China’s Factories Impacted By COVID-19 Surge
April 21, 2022 – Global concern continues to mount as COVID-19 spreads across China and city lockdowns shutdown factories. Production out of China has come grinding to a halt. Due to China’s Zero-COVID policy, factories and manufacturing hubs have been shut down, stranding ships in port…
COVID-19 Impact Updates | Event | Industry News
China’s Zero Covid Policy Continues to Impact Manufacturing
March 24, 2022 – China’s zero-COVID policy is continuing to have a substantial impact on the production efforts of key manufacturers in the general electronics and automotive part industries. This policy has forced shutdowns in the critical manufacturing hubs of Shenzhen and Changchun. On top…
COVID-19 Impact Updates | Event | Supply Chain
Chinese Industrial Hub Shutdown due to COVID-19 Concerns
February 24, 2022 – In an effort to combat the spread of COVID-19, a strict lockdown has been imposed in the Chinese city of Suzhou. Suzhou is a technological hub and key manufacturing location for semiconductors. Home to manufacturing facilities for several global firms including Samsung, Bosch, Eli…
Omicron Spurs Renewed European COVID-19 Restrictions
Omicron, the newest COVID-19 variant, is spreading at an unprecedented rate. With those nations across Europe our renewing and implementing new restrictions to combat the rapid spread. This new strain is now the most dominant across the globe. It was first identified in South Africa…
COVID-19 Impact Updates | Industry News | Supply Chain
Chip Shortage Forces Automakers to Remove Features
Revenue reports have shown that automakers have lost up to 21% in sales in Q3 when compared to 2020. In an attempt to combat falling revenue numbers due to the global semiconductor chip shortage, automakers are removing popular electronic features from their current lineup of vehicles. It’s important for…
COVID-19 Impact Updates | Industry News | Supply Chain
Stray Balloon Causes Massive Power Outage in German Factories
On September 17, 2021, a massive power outage hit Dresden, Germany. Not only did this affect over 300,000 households and businesses, but it impacted the largest semiconductor fabrication facilities in Europe. The cause – a single stray toy balloon landed on a switchgear of a…