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Reuters
Samsung, Micron warn China’s Xian lockdown could disrupt memory chip manufacturing
(Reuters) -Samsung Electronics and Micron Technology, two of the world’s largest memory chip makers, warned that strict COVID-19 curbs in the Chinese city of Xian could disrupt their chip manufacturing bases in the area. The lockdown in the city puts further pressure on global supply chains and adds to a torturous year for exporters facing sharply higher freight costs even as prices for raw materials including semiconductors skyrocket amid the two-year long pandemic. The curbs could cause delays in the supply of DRAM memory chips, widely used in data centres, Micron said on Wednesday.