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‘Coronavirus second wave’ could hit China, Japan, South Korea supply chains

27 Feb 2020, 13:30 IST27 Feb 2020, 13:30 ISTRelevance: 75%
‘Coronavirus second wave’ could hit China, Japan, South Korea supply chains

📊Executive Summary

The article discusses the potential for a second wave of disruptions to supply chains in China, Japan, and South Korea due to the ongoing coronavirus epidemic. Analysts warn that if the epidemic spreads further in these countries, it could significantly impact global trade and industrial chains, particularly affecting downstream companies in China. The combined economic output of these nations is substantial, contributing to a significant portion of the world economy and trade volume. Procurement teams should be aware of the potential for supply chain disruptions and prepare for possible impacts on component availability and logistics....

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Classification

Industries

Consumer Electronics
Automotive

Components

Semiconductors & ICs
Passive Components

Regions

China
Japan
South Korea

Topics

Supply Chain Disruption
Geopolitical Risk Electronics
Supply Shortage

Risk Categories

Logistics Disruption
Geopolitical Conflict