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The Handelot Times
Phones

Coronavirus is slowing down the rush of technology consumer electronics and cars

2. SMARTPHONES

The Handelot Times Issue 18, April 2020 7 min read

From the smartphone market to the development of 5G, the epidemic is paralyzing the production and distribution of hi-tech products. The analysis firm TrendForce took into consideration the loss of working days, the lack of materials and the difficulties in transport to trace the situation. Which is not comforting.

The alarm launched by Apple on revenues in the second quarter due to the reduction in iPhone supplies and the demand in China due to the epidemic is not the only one to sound in the hi-tech world these days. From smartphones to solar panels, from smartwatches to 5G, the coronavirus poses serious risks for the Chinese economy with companies struggling and restarting production after the lunar New Year The assembly of smart brands, smart watches and Bluetooth headsets is mainly done in Guangdong, Jiangsu and Zhejiang.

Despite the expected date of resumption of work in mid-February, work stoppages, labor shortages and material shortages may cause a drop in production volume in the first quarter of 2020, with deferred deliveries of new products initially scheduled for the first half. But overall, the peak sales season for wearable devices takes place in the second half of the year, during which devices from leading companies such as Apple Watch will be presented and this leads to a cauThe epidemic had a relatively high impact on the smartphone sector because the supply chain is particularly complex. Production is expected to decline 12% in the first quarbreak prolonged due to the epidemic.

TrendForce, the analysis agency in the world of technology, gave an overview of the sectors that will be most affected by the consequences of the epidemic tious optimism about the shipment of wearable devices of this All over the world.

The rest of this article is in the magazine Continue in issue 18

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