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Samsung Cuts Chip Production In China after Covid-19 Outbreak

News Snapshot:

Samsung has decided to temporarily halt activities at its chip factory in Xian, China. The decision, announced this Wednesday (29), was motivated by new outbreaks of covid-19 cases in that region of the country, associated with the Ômicron variant of Sars-CoV-2. Located in the central region of the Chinese territory, the capital of Shaanxi province has registered a large number of people infected with the new coronavirus in recent weeks. As a result, the local administration decided to impose a series of restrictions to contain the spread of the disease, affecting the displacement of factory workers. “Given the current situation…

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