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Showing posts from October, 2021

Power shortage in China:4 industrial hubs of the country in darkness due to shortage of coal, business of companies like apple and tesla affected

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China, which boasts of super power in the world, is facing a severe shortage of electricity.  Due to this, the population of about 10 crores of this country is devastated.  The biggest problem is being faced by the industries here which supply their goods abroad. Due to power cuts, even the business of big companies like Apple and Tesla is being affected.  These companies have to stop work in many of their plants to other electronic equipment suppliers including computer chips.  Its direct loss is on demand and supply.  More than 10 Taiwanese companies have decided to stop work. Three Taiwanese electronics companies supplying Apple and Tesla said on Sunday that they were forced to stop work at their companies based in China due to power supply disruptions. Apple's supplier Unimiron Technology said three of its subsidiaries based in China were having to stop operations.  He said that stopping the work of these companies will not cause much damage, as product...