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IPFS News Link • Business/ Commerce

"March Is Looking Bleak" - Supply Constraints Strike India's Tech Sector

• https://www.zerohedge.com by Tyler Durden

Many of these companies have production facilities in China, with factory output at half to idle speed because of the Covid-19 outbreak.

The Economic Times (ET) says supplies of made in China smartphones and electronics are dwindling at Indian shops. Suppliers told ET that in the last 7-10 days, only 10-20% of the average shipment had been sent to stores.

Supply disruptions have mainly hit iPhone X models, due mostly because iPhone XR and 7 are locally manufactured. Suppliers noted that TCL and Xiaomi smartphones and televisions from China are in short supply. Shenzhen-based Realme was another brand that was facing shipment delays to India.


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