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Broadcom sounds alarm on unforeseen tech industry disruptions

  • 📰 BusinessTimes
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BROADCOM Inc warned customers they will need to place orders for parts at least six months ahead of time, a surprisingly long lead time that points to wider-than-anticipated disruptions to the tech industry's global supply chain. Read more at The Business Times.

The missive from Broadcom - which makes crucial components for Apple's iPhone - drives home concerns that Covid-19 is disrupting the tech supply chain well beyond China, where the novel coronavirus first emerged to impact global production lines.

"We hope that as the global community finds better methods to address the Covid-19 pandemic, the conditions will abate and we will be able to resume our normal operations," he added.Terry Gou, whose Hon Hai Precision Industry makes many of the world's most recognisable consumer electronics including the iPhone, said in March that China's production restart had proven faster than expected.

Intel Corp and Texas Instruments will report earnings next week, when they are certain to face questions from investors about their ability to keep their factories running and fill customer orders.

 

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