News Snapshot:
Apple, Tesla, and Microsoft have issued a warning as China threatens to disrupt Christmas supply. Apple, Tesla, and Microsoft are among a handful of companies that have raised concerns about power shortages in China, which are affecting their suppliers. They are concerned that more delays in China’s electricity supply may disrupt the electronics supply chain at a time when the industry is gearing up for the peak production season ahead of Christmas. Several companies, including important Apple suppliers, have already announced that activities at facilities in Jiangsu province, China’s industrial tech hub, have had to be halted or reduced. It...
