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Event | Industry News | Ukraine/Russia Conflict
Ukraine Invasion Impact Summary
February 24, 2022 – This morning Russian military forces began their invasion of Ukraine with a combined land, air, and sea assault. This is serving up to be one of the largest invasions since WWII. As a response to Russia’s invasion of Ukraine, global stock markets have…
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…
Contamination Forces WD to Lose Over 6.5 Exabytes of Flash Memory
February 21, 2022 – A contamination of materials at two Western Digital manufacturing plants has caused a loss of at least 6.5 exabytes of flash memory storage. These could have grave consequences on pricing and supply – experts predict a spike in SSD prices of…
Canadian Trucker’s Protest Bottlenecks Cross Border Trade
February 19, 2022 – Canadian truckers protesting COVID-19 mandates blockaded and forced a shutdown of multiple border crossings across the US-Canada Border. Most notably, the Ambassador Bridge which is a critical supply route between Windsor, Canada, and the United States have been impacted. This bridge…
Event | Supply Chain | Ukraine/Russia Conflict
Ukraine-Russia Conflict Impact Summary
February 7, 2022 – Tensions between Russia and the North Atlantic Treaty Organization (NATO) continue to rise as a result of the imminent threat of invasion by Russian troops on the border of Ukraine ensue. In December 2021, Russian Foreign Minister Sergey Lavrov issued a…
Severe Floods Impact Malaysian Manufacturing
Heavy rains have swept across much of Malaysia causing severe flash floods and displacing thousands. With more than 30 districts across the country being impacted by the flooding, the Malaysian Disaster Management Agency has reported the displacement of over 100,000 people. Malaysia is considered a…
Event | Industry News | Supply Chain
Tracking U.S. Tornadoes’ Effect on Supply Chain
Tornadoes swept across the Midwest US this week, causing fatalities and massive destruction on key manufacturing hubs, including General Motors, Amazon, Toyota, and FedEx. The death toll rose to 74 in Kentucky this week, following a series of fatal tornadoes that hit multiple US states…
Product Updates | Supply Chain
Be Alerted To Events That May Disrupt Your Supply Chain
The electronics industry manufacturing market has been devastated by chip shortages and supply chain disruptions in the past year. Manufacturers have been struggling to keep up with the increasing demand for electronic devices. However, supply chain impacting events, such as natural disasters, disease, and power…
China’s Energy Crisis Threatens Global Supply Chain
Widespread power shortages have caused China’s economy to hit its lowest point of growth in the third quarter of this year. Shortages of coal, skyrocketing electricity prices, and increased demand for industrial goods have caused the Chinese government to ration electricity use in at least…
Power Shortages Forced China Factories to Halt Production
Power outages in China have put millions of homes into darkness and temporarily shut down factories. The Chinese government has also temporarily shut down power to several major semiconductor foundries with intention to regularly suspend industrial electricity supplies. These measures are being imposed as a…