War in Ukraine inflates price of neon for chip-making, but it might be good for China

Source: Tech – South China Morning PostThe price of neon, a gas necessary in semiconductor production, has skyrocketed in China amid the war in Ukraine, prompting concerns that this might disrupt global supply chains.The average wholesale price of industrial-grade neon in China shot up to 16,000 yuan (US$2,500) per cubic metre on Thursday, nearly nine times the quote of 1,850 yuan on February 24, when Russia’s invasion began, according to SCI99.com, a website tracking commodity prices in China.“The Ukraine war tilted the supply and…Read More

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

Generated by Feedzy