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Apple, Intel, and Nvidia suppliers suspend production in China due to forced production suspension

China is in the world Largest energy consumer,as well as The biggest carbon dioxide emitterAllegedly, in order to limit energy operators’ price spikes and reduce emissions, the Chinese government temporarily shut down the power supply to several major manufacturing centers. The country also intends to suspend industrial power supply as planned in the future. Such a blow will inevitably affect the global electronic product supply chain and companies such as Apple, Intel, Nvidia, Qualcomm, and Tesla. But some companies will be more severely affected than others.

Want to reduce emissions? Cut off the power!

Last week, Chinese President Xi Jinping stated at the United Nations General Assembly that China will not build a new coal-fired power plant in the future, and will increase its dependence on other energy sources, and will achieve carbon neutrality by 2060.But as of 2019, approximately 64%-65% China’s electricity comes from coal, and the price of this industrial-age energy is now soaring.

(Image source: Apple)

To control carbon dioxide emissions, the Chinese government requires Jiangsu, Zhejiang and Guangdong provinces (where many high-tech manufacturers are located) to reduce their total energy consumption. Due to the inability to quickly implement new energy-saving technologies or install new energy-saving equipment, local governments in some provinces plan to cut off power to industrial customers and shopping malls for a few days a month. Nikkei report.

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