Iran-backed Houthis threaten Red Sea chokepoint amid Middle East supply chain disruptions, affecting tech companies like Applied Materials and Anthropic.
1 report, 1 independent
Updated Aug 18
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What happened
Iran-backed Houthis threaten Red Sea chokepoint amid Middle East supply chain disruptions, affecting tech companies like Applied Materials and Anthropic.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Conflict leads to continuing sanctions and trade restrictions for Applied Materials, which utilized a Korean subsidiary for assembly and testing, due to its U.S.-origin equipment.Sub-event
Houthi threats escalate in the Red Sea while Middle East disruptions impact global tech supply chains.1 source
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The entities involved
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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China
cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China
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Applied Materials
American company
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Anthropic
American artificial intelligence corporation
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