On February 14, the National Health Commission of the PRC announce 4,047 new cases of Covid-19, a number that now appears to be the peak of the outbreak in China due to the enormous country wide efforts taken to quash the spread of this novel pathogen. On that Valentine’s day, five long and painful weeks ago, the US had just 15 cases of Covid-19. Today, March 22nd, the country added a total of 9,339 new confirmed cases (based on the calendar day measured in GMT), more than twice the highest daily peak total in China. This statistic is even more frightening when you consider that a reported 2 out of every 3 symptomatic Americans seeking Covid-19 testing are still unable to get tested. Today the United States has the fastest growth rate of new Covid-19 infections in the world.
Before I begin my update about the global supply chain impacts of the virus, let me take a moment to give everyone some perspective on the human toll this novel Coronavirus has already taken. Since just this past Friday at noon local time, the virus has killed twice as many people in Italy as the 2002-2003 SARS pandemic killed globally in 9 months. Today, perhaps more so than at anytime in my life, the world needs strong leadership, bold, decisive action, complete multilateral cooperation, and the cumulative medical, scientific, technological and manufacturing expertise of every country in the world.
The following are a few specific updates on how Covid-19 is impacting the global technology supply chain: