Coronavirus Tech Supply Chain Warning! Buy Your Gadgets, Computer Hardware and Components Now!
Personal_Finance / Pandemic Mar 03, 2020 - 01:27 PM GMTBy: HGR
The world's factory China has been in lock down since early February, with factory output barely reaching 15% of capacity That has already seen tech stocks heavily reliant on Chinese factory output such as Amazon, Apple, Samsung and Nvidia take a major hit on their stock prices. And if that was not bad enough other major semi conductor production hubs such as South Korea, Taiwan and Japan starting to take a hit, that likely lag where China is today by about 5 or 6 weeks in terms of factory output.
Which means to expect an imminent supply shock as warehouse stocks start to run dry resulting in huge across the board price hikes in your favourite tech.
By HGR
http://www.howtoguidesandreviews.com
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