How will Coronal virus affect the electronics industry? This
is the question that is on my mind as of late. From the news outlets many Asian
countries are closing their many of their factories and cities as the virus
spreads. This will have a major impact on outside trade for many companies
especially the electronics industry.
With the shutdown of these factories the production of electrical parts
will inevitably decrease overtime. Another affect this can have is that many
companies that deal with the redistribution of these parts or sells them will
have limited inventory for the duration of this Pandemic. This can cause prices
to rise if it lasts to long and if many of these factories stay closed or if travel
is still restricted. We already see this virus affect stocks as many exports’
stocks are going down with the fear of the places that manufacture and export
from infected countries. If a cure or vaccine isn’t found soon, I see that many
electronics prices going up and many companies having limited inventory.
No comments:
Post a Comment