China’s Cuts to Power Consumption Threatens Peak Electronics Season Companies


Source: archyde.com archyde.com

Key Topics in this News Article:

News Snapshot:

Buyers around the world could experience a shortage of tech products, including smartphones and computers, in the final stretch of the year, just when the important Black Friday and Christmas campaigns arrive, which trigger the purchase of consumer electronics devices. The cause? The temporary closure of some factories in China that work for technology giants such as Apple after the cut in energy consumption imposed by the Chinese government. An action that responds to the scarcity and higher cost of coal to generate energy in the country, and to the environmental objectives that Beijing has set to reach the peak...