National Disaster Reduction Committee Launches National Level IV Emergency Response for Disaster Relief in Chongqing
China's National Disaster Reduction Committee has initiated a Level IV emergency response for Chongqing due to severe flooding and geological disasters. This response includes deploying a working group to assess the situation and assist local authorities in supporting affected populations. Separately, global demand for storage chips has surged, driven by the AI boom, with five major companies accounting for approximately 44% of South Korea's total exports in the first quarter. AI
IMPACT AI-driven demand for storage chips is impacting global supply chains and export markets.