Hang seng is flat. Taiwan is the leader on the board. We will talk about tsmc. They are gaining on the back of the apple news. We continue to watch dollar renminbi. 16 month high for the yen. We could be set for the best performance ever for the renminbi. Look at whats going on the rest of g10. Still seeing a strong yen. Pound is gaining for a third day at 129. The dollar falling to the twoweek low ahead of the fed decision. Take a look at bond yields ahead, not much movement. Its pretty quiet before the fed. Six the seven basis points for u. S. 10 year. Bondsl off in government the fall off in government bonds may have run its course. Saw the biggest cash injects and since 2018. Crude jumping on the back of that Better Chinese data we got yesterday. Back to our top story. A big win on paper, but not much in the real world. Says that Donald Trumps tariffs on chinese goods violated International Regulations, but its unlikely to make much of a material difference. Lets get more from our
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Updated Dec 23, 2020 | 20:21 IST
Although the electronics industry saw growth in the pandemic hit year, growth remained constrained due to supply bottlenecks and unavailability of stock. We take a look at what products were hit the most. Representational Image
Key Highlights Instead of four to eight weeks, goods are reaching Indian ports after almost 16 weeks now, says Mitesh Mody of the All India Electronics Association
Sales growth of entry level laptops, TV sets and smartphones were impacted the most
According to Kumar Rajagopalan, CEO of RAI, about 10-12% of loss of sales can be attributed to supply chain inefficiencies
While on one hand demand surged for electronics this year owing to the new normal of working and studying from home, on the other hand, supply chain issues affected stock availability. With a sudden steep surge in demand in the past few months, manufacturers faced a shortage in the supply of critical components. This was becaus