Tech supply chains are still a complete mess
We're a group of animal lovers who want to solve everyday problems pets and their owners face, in fun and innovative ways.
Last week, we made the case that tech manufacturing was uniquely vulnerable to pandemic problems, from a combination of just-in-time manufacturing practices and a far-flung network of suppliers. But just a week later, the news is even worse.
On Friday morning, analysts at S&P’s Panjiva Research laid out a grim picture, with US sea imports from China (which includes most of the electronics you buy) down more than 50 percent in the first three weeks of March, a result of the countrywide lockdown in China. At the same time, the subcontracting companies that actually build the hardware (the most famous is Foxconn, but of course there are a lot of them) are thinking about getting out of China entirely, at least as much as they can. Wistron…