Last week, we made the case that tech manufacturing was uniquely vulnerable to pandemic problems, from a combination of just-in-time manufacturing practices and a far-flung network of suppliers. But just a week later, the news is even worse.
On Friday morning, analysts at S&P’s Panjiva Research laid out a grim picture, with US sea imports from China (which includes most of the electronics you buy) down more than 50 percent in the first three weeks of March, a result of the countrywide lockdown in China. At the same time, the subcontracting companies that actually build the hardware (the most famous is Foxconn, but of course there are a lot of them) are thinking about getting out of China entirely, at least as much as they can. Wistron...
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