The government of Sichuan Province, western China, has ordered factories there to temporarily stop production as the industrial power supply is suspended for being shifted to supply for households and other users, and this is likely to affect China’s production of polysilicon because many polysilicon factories are in the province, according to China-based media reports.

Orders for plants in Sichuan Province and Chongqing, China, to temporarily shut down are taking a toll on the automotive industry. The suspension has impacted the production of vehicles, car components, and battery materials. It is projected that lithium prices will increase in late August.

Many IC design houses will likely see their revenue continue declining in August and September due to the ongoing inventory adjustments at major clients, according to industry sources.