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Latest Breaking News On - He central city that shut down in 2020 after the first coronavirus cases were spotted there but xi an has factories make processor chips for smartphones - Page 1 : comparemela.com

Chinese anti-virus lockdowns add to concerns over economy

China’s lockdowns are prompting concerns about future disruptions to the global supply of processor chips.

United statesRepublic ofShelly jangFitch ratingsSamsung electronicsMicron technologies ltdMicron technologiesCommunist partyAp newsChinas lockdowns of big cities to fight coronavirus outbreaks are prompting concern about more disruptions global industries after two makers processor chips said their factories were affected that has added unease the omicron variants economic impact analysts warn vietnamHailand and other countries important to manufacturing chains might impose anti disease measures that would delay deliveries lockdowns in china are already causing disruptionsConomists at nomura said ina report friday the chinese economy already was cooling under pressure from unrelated official efforts to force real estate developers and other companies reduce surging debt that fueled chinas boom over past two decades biggest city in latest lockdowns is xi anA metropolis of 13 million people in the west it is less significant asa manufacturer than wuhanHe central city that shut down in 2020 after the first coronavirus cases were spotted there but xi an has factories make processor chips for smartphonesUto parts and other goods for global chinese brands samsung electronics micron technologies ltd say their factories in xi an are affected but they trying to minimize disruptions by drawing on production networks said some deliveries might be delayed those make dram nand memory chips used smartphonesErsonal computers and services xi an accounts for 42 of samsungs nand production 15 global supply

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