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Taiwan earthquake will cause minimal disruption in electronics production in India thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Taiwan Earthquake: Taiwan was rocked Wednesday by a powerful 7.4 magnitude earthquake with at least nine people killed and over 1000 injured, causing widespread disruption in chip fabrication plants located in Taiwan for a few hours.
The 7.4 magnitude earthquake in Taiwan, which caused widespread disruption in chip fabrication plants, is likely to have minimal impact on the global value chain in electronics manufacturing, including India. Industry executives and market trackers do not expect any adverse impact on prices or supply chains of mobile phones and other electronics items in India, which heavily relies on the Southeast Asian island nation for components.