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Industry News | Supply Chain | Ukraine/Russia Conflict
Taiwan Bans the Supply of Chips to Russia
June 9, 2022 – Taiwan has imposed a ban on the sale of modern chips to Russia and Belarus, the latest round of sanctions in response to the invasion of Ukraine. This ban rules out all modern technology, including microcontrollers for most electronic devices. Taiwan…
Event | Industry News | Supply Chain | Ukraine/Russia Conflict
UK Sanctions Target Russia Precious Metals
May 27, 2022 – The United Kingdom announced a 35% tariff on all platinum and palladium imports from Russia and Belarus, targeting over £1.7 billion of trade. This new round of sanctions is intended to put increased pressure on Russia and further weaken the military…
Event | Industry News | Supply Chain | Ukraine/Russia Conflict
Russia Suspends Finland’s Gas Supply
May 26, 2022 – Russia has terminated gas supplies to Finland, the third country to be boycotted by Russian gas giant Gazprom to-date, after the country refused to make its payment in the Russian Ruble. TIP: Check out our Live Updates Blog to get current news…
Event | Industry News | Supply Chain
Earthquakes Impact Taiwan Manufacturing
April 27, 2022 – A series of earthquakes have rocked Taiwan over the past several weeks. Most notably, Hualien, a large city on Taiwan’s east coast, was struck by a 6.7 magnitude quake that left one person injured and impacted the structural integrity of the Yuxing Bridge, causing it to collapse….
COVID-19 Impact Updates | Event | Industry News | Supply Chain
List of China’s Factories Impacted By COVID-19 Surge
April 21, 2022 – Global concern continues to mount as COVID-19 spreads across China and city lockdowns shutdown factories. Production out of China has come grinding to a halt. Due to China’s Zero-COVID policy, factories and manufacturing hubs have been shut down, stranding ships in port…
Event | Industry News | Supply Chain
Japanese Earthquake Cripples Manufacturing
April 8, 2022 – On March 16th, a 7.4 magnitude earthquake struck off the northeast coast of Japan in Fukushima, leaving thousands without power. This deadly earthquake caused over 225 casualties and halted major business and infrastructure systems such as railroad transportation and manufacturing plants….
Event | Industry News | Supply Chain | Ukraine/Russia Conflict
Electronics Chipmakers Cut Ties With Russia
March 9, 2022 – Global chipmaking companies, including the giant Taiwan Semiconductor Manufacturing Company, have begun to sever ties with Russia. The United States and several of its allies have announced sanctions on Russia with the goal of limiting their military advancements by putting a…
Event | Industry News | Ukraine/Russia Conflict
Ukraine Invasion Impact Summary
February 24, 2022 – This morning Russian military forces began their invasion of Ukraine with a combined land, air, and sea assault. This is serving up to be one of the largest invasions since WWII. As a response to Russia’s invasion of Ukraine, global stock markets have…
Canadian Trucker’s Protest Bottlenecks Cross Border Trade
February 19, 2022 – Canadian truckers protesting COVID-19 mandates blockaded and forced a shutdown of multiple border crossings across the US-Canada Border. Most notably, the Ambassador Bridge which is a critical supply route between Windsor, Canada, and the United States have been impacted. This bridge…
Product Updates | Supply Chain
Be Alerted To Events That May Disrupt Your Supply Chain
The electronics industry manufacturing market has been devastated by chip shortages and supply chain disruptions in the past year. Manufacturers have been struggling to keep up with the increasing demand for electronic devices. However, supply chain impacting events, such as natural disasters, disease, and power…