Flooding in Thailand Disrupts Tech Supply Chain
The ongoing severe flooding in Thailand appears to have impact on the availability on the overall supply in the region.
Honda, Microsemi, ON Semiconductor, Hutchinson Technology, Canon, and Western Digital confirmed plant closures at this time, while Nikon, Pioneer, Toyota and Sony reported that either supply disruption or water damage to their facilities has occurred. Seagate said that supply of components for its products will be "constrained" due to the flooding.
There were no details from the tech industry just how severe the supply constraints will be. We know, however, that Toyota produces about 630,000 vehicles (Camry and Corolla models) in its Thai plants - about 8 percent of its production.
Millions of people in Thailand have been affected by the flooding, 281 people were confirmed dead as of Thursday.