next week, as disruption from the measures spreads.and neighbouring Kunshan has also tightened curbs to control the country's biggest Covid-19 outbreak since the coronavirus was first detected in late 2019 in the city of Wuhan.
The Taiwanese companies making announcements to the stock exchange included Asia Electronic Material, which makes parts for laptops, mobile phones and digital cameras. EFUN Technology, which makes parts for liquid crystal displays, said its plant in nearby Suzhou would also be closed until Tuesday, and would resume operations when the government gave the go-ahead, though added it did not foresee a financial impact for the time being.
It said it was"integrating" its resources and manufacturing to lessen the impact on customers, adding its two Kunshan subsidiaries accounted for around 13 per cent of consolidated revenue in the first quarter of this year.
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