China lockdowns further tighten global chip supply

Lockdowns in Suzhou in China’s Jiangsu province are expected to have a negative impact on the chip supply from the coastal city’s industrial park and fuel the global chip shortage.

By the end of Tuesday, a total of 31 Covid-19 cases had been identified in Suzhou, resulting in the suspension of two semiconductor firms’ production lines in the city.

The city’s government said it would try to cut off virus transmissions as it could affect the ongoing Winter Olympic Games and the coming “two sessions” – the annual meetings of the National People’s Congress and the Chinese People’s Political Consultative Conference, in Beijing.

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