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COVID-19 and the Bleak Outlook for the Tech Supply Chain

Foxconn, a key parts supplier for Apple, Microsoft, Nintendo and Sony, said its plants on mainland China will resume normal production by the end of March. Numerous factories across China were forced to shut down in late January due to the coronavirus. The impact of the outbreak could hit global supply chains for all products in mid-March, forcing thousands of companies to slow down or even temporarily shut assembly and manufacturing plants in Europe and the U.S., The Harvard Business Review predicted.

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