Covid-related factory closures, power shortages and port capacity limits in Asia are easing, but executives in shipping, retail and manufacturing sectors say they don’t see a return to normal operations until next year, The Wall Street Journal reported.
Factory output across Malaysia, Vietnam and other nations bounced back in the past month as Covid-19 infections declined and production limits were raised, freeing up clogs in the production of semiconductors and textiles globally, the report said.
In the US, big retailers – Walmart, Target and Home Depot – said they had stocked up on most of what they need earlier than usual ahead of the holiday season.
Read the full report: The Wall Street Journal.
ALSO READ:
Supply Chain Boost Helps China Exports Beat Forecasts
Quad Nations To Cooperate On Rare Earths, Chips and Tech Supply Chains
Supply Chain Snarls Seen Costing Automakers $210bn This Year
The post Global Supply Chain Clogs Are Easing, Led By Asia: WSJ appeared first on Asia Financial.
0 Commentaires