Wuxi Fire Disrupts Semiconductor Supply Chains

The global semiconductor industry is again in a fix after a fire broke out at the Wuxi Welnew plating plant in China earlier this month. Although the fire has been extinguished and no casualties have been reported, all production activities at Wuxi have been suspended, threatening a production loss of up to 5 months. As a result, leading chip manufacturers such as Infineon, Vishay, Bosch, and more have severely been impacted and face a potential impact on key commodities such as MOSFETs, RF Small Signal, and LED Drivers. With delivery delays expected to continue into the upcoming months, do you know how the Wuxi fire disruption will impact demand forecasting in your business and to your customers?