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Why does chip shortage affect wire and cable manufacturers

  • Categories:Industry News
  • Author:ELETECK
  • Origin:Huizhou ELETECK Wire&Cable Co., Ltd.
  • Time of issue:2021-05-11
  • Views:0

Why does chip shortage affect wire and cable manufacturers

  Since 2020, COVID-19 has been affected by the fact that all countries in the world have adopted remote office and distance education to avoid public contact, which has led to a marked increase in demand for notebook computer, tablet PC and its peripheral products.

  However, the chain reaction of the chip crisis may not end in 2022. The most intuitive impact is the reduction and shutdown of automobile manufacturers and scientific and technological products, and the delay of consumers waiting for the latest electronic products. The indirect impact is more extensive. According to analysis, the shortage of chips has affected 169 industries around the world to a certain extent.
  Our wire and electricity manufacturers have not escaped the disaster. Most of the wires and cables are used in electronic products, household appliances and mechanical equipment, but most of these devices need chips. However, the chip crisis has doubled the production capacity of some of these manufacturers, and some even stopped production, which has a great impact on wire and cable manufacturers.
  The above information is from the official website of Huizhou Eleteck wire and cable Co., Ltd. www.eleteck.com.cn. For more information about wire and cable manufacturers, please collect the website.