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<br>The outbreak of the COVID-19 has made the electronics industry under pressure owing to the logistics slowdown, city shutdowns, and unavailability of the workforce across the globe. China is the main center of the electronics industryu2019s supply chain, with the presence of organizations including Foxconn basing that has massive factories in the country. China-based manufacturers are increasingly panic related to the disruptions linked to the COVID-19 that include delay production for weeks of end-product consumer electronics. Shipping delays from China can cause several negative impacts for manufacturers based in North America, Europe, and other regions that rely heavily on inputs from China in order to produce finished electronics goods in their domestic factories. Further, delays in raw material delivery are leading towards the increasing downtime of the factory that result in higher average costs and lower financial performance.<br>
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Orion Market Research Impact of COVID-19 on Global Electronics Industry Market Size, Segmentation, Share, Forecast, Analysis, Industry Report to 2025 Request a free sample of our report on Impact of COVID-19 on Global Electronics Industry Market: https://www.omrglobal.com/request-sample/impact-of-covid-19-on-global-electronics-industry ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
The outbreak of the COVID-19 has made the electronics industry under pressure owing to the logistics slowdown, city shutdowns, and unavailability of the workforce across the globe. China is the main center of the electronics industry’s supply chain, with the presence of organizations including Foxconn basing that has massive factories in the country. China-based manufacturers are increasingly panic related to the disruptions linked to the COVID-19 that include delay production for weeks of end- product consumer electronics. Shipping delays from China can cause several negative impacts for manufacturers based in North America, Europe, and other regions that rely heavily on inputs from China in order to produce finished electronics goods in their domestic factories. Further, delays in raw material delivery are leading towards the increasing downtime of the factory that result in higher average costs and lower financial performance. Request a free sample of our report on Impact of COVID-19 on Global Electronics Industry Market: https://www.omrglobal.com/request-sample/impact-of-covid-19-on-global-electronics-industry Major electronics companies have already indicated some degree of impacts from COVID-19 globally. Apple Inc. has already announced that it would not meet previously announced sales projections for the first quarter. The company also delayed the launch of the iPhone 9 due to this pandemic outbreak. Both Hyundai and Nissan have announced production suspension in the South Korean plant due to the delay of the electronics parts. Research by the American Chamber of Commerce in Shanghai (AmCham Shanghai) found that two- thirds of US businesses operating in China expect demand to be lower as a result of COVID-19 due to lack of sufficient staff. A full report of Impact of COVID-19 on Global Electronics Industry Market is available at: https://www.omrglobal.com/industry-reports/impact-of-covid-19-on-global-electronics-industry Impact of COVID-19 on Global Electronics Industry Market Segmentation By Product • DRAM • SSD • MCP • Processor • Image Sensor • Others By Application • Automotive
• Communication Equipment • Enterprise System • Industrial • Personal Electronics Regional Analysis ➢North America ✓United States ✓Canada ➢Europe ✓UK ✓Germany ✓Italy ✓Spain ✓France ✓Rest of Europe ➢Asia-Pacific ✓China ✓India ✓Japan ✓Rest of Asia-Pacific ➢Rest of the World
Companies Covered • Apple Inc. • Canon Inc. • GoPro Inc. • Hitachi Ltd. • Huawei Technologies Co. Ltd. • LG Electronics Inc. • Nikon Corp. • Panasonic Corp. • Samsung Electronics Co., Ltd. • Sennheiser electronic GmbH & Co. KG For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/impact-of-covid-19-on-global-electronics-industry About us: Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. For More Information, Visit https://www.omrglobal.com/ Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404