In the first half of 2020, the automotive industry took a hard hit from COVID-19 with demand nosediving, production shutdowns and allocation shifts focusing on telecommunications and industrial automation.
On Feb. 13, a magnitude 7.3 earthquake hit the coast of Japan injuring 48 people in the Fukushima and Miyagi prefectures. This resulted in Renesas’ Naka factory being hit with a temporary blackout.
Elsie Neoh, a commodity manager at Fusion Worldwide, reports chip customers usually place bulk orders well ahead of time, but fulfillment is taking much longer than usual.
Fusion Worldwide welcomes Tobey Gonnerman as new president, enhancing electronic components distribution & obsolete parts sourcing. Get a fast quote today.