How does the Russia invasion of Ukraine Affects the Apple Industry
Russia invaded Ukraine on Feb 24 and since then the disruption continues. Residents are fleeing their homes and moving to the neighbouring countries to safeguard themselves from the war effect. The war shocked the nations and aggregates them to take strategic and punitive actions against Russia.
But is the war affecting the supply chain and leading to technology supply chain disruption? Yes, of course, everyone is suffering as the result of the violence and the Apple industry too faces major supply chain issues.
Apple depends on Ukraine for the raw material that is used in chip manufacturing. How will Apple cope with the supply chain and how does it drastically affects Apple’s production and supply chain.
Will Apple be able to cope with Supply Chain Challenges?
The chip shortage hampers the production in the tech industry and Apple along with many other companies are facing difficulties. Will the Russia and Ukraine war inflame it? Moreover, Russia is a major exporter raw materials used in the tech industry, including palladium, a metal used in sensors and memory cards.
Watching the circumstances, a report from an Apple insider says that Ukraine and Russia war could boost the material price for the company.
Apple continues to evaluate the circumstances with the government on the action that it takes and joins hands with those who are calling out in peace!