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Taiwanese supply chain resilient against Typhoon Krathon; global concerns shift to labor strikes and geopolitical tensions

Typhoon Krathon has hit Taiwan with significant force, moving slowly across the island. As of October 3rd, southern Taiwan, including Kaohsiung, Tainan, and Pingtung, is experiencing its third consecutive day off, while northern counties and cities have had two days off. Given Taiwan’s critical role in the global supply chain, concerns are mounting about whether the typhoon will affect the stability of the ICT industry’s supply during the traditionally slower fourth quarter of 2024.