Hurricane Helene Disrupts Quartz Supply, Semiconductor Industry Monitors Impact

Rakon Limited (NZX: RAK), a New Zealand Exchange-listed advanced parts manufacturer, has noted the semiconductor industry is closely watching quartz supply after Hurricane Helene struck Spruce Pine, North Carolina. The hurricane caused significant damage to the area, forcing two major quartz mining companies, The Quartz Corporation and Sibelco, to halt production. This quartz is critical for manufacturing semiconductors, as it is used in crucibles where silicon is poured to create thin semiconductor slices. The industry is assessing the potential impact of this disruption on global supply chains and production processes. At the time of writing, no updates on resumed operations have been provided.

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