Coronavirus to hit China’s smartphone and LCD panel production hard
The ongoing coronavirus crisis in China is expected to disrupt local production of LCD panels and smartphones, causing prices to rise and supply shortages across the world. Leading LCD and OLED panel manufacturers in the country have stated they believe that the total capacity utilization for LCD fabs could be reduced by 10 percent, reports IHS Markit. That number could increase to more than 20 percent during February. An acute shortage of essential LCD modules in China could emerge, with several third-party module suppliers having already reportedly ceased production. [READ: How Chinese tech giants are assisting in the battle against coronavirus…
This story continues at The Next Web
