Samsung, Micron warn China's Xi'an lockdown could disrupt memory chip manufacturing

Residents queueing for Covid-19 tests in Xi'an, Shaanxi province, on Dec 29, 2021. - AFP

BEIJING (Reuters): Samsung Electronics and Micron Technology, two of the world's largest memory chip makers, warned that strict Covid-19 curbs in the Chinese city of Xi'an could disrupt their chip manufacturing bases in the area.

The lockdown in the city puts further pressure on global supply chains and adds to a torturous year for exporters facing sharply higher freight costs even as prices for raw materials including semiconductors skyrocket amid the pandemic.