Corona virus is seriously threatening yes endangers production mobile phones, and this industry in general, because everything in China is stagnant. Namely, because of the spread of the new virus, most of the companies he reduced it its production and access to factories to prevent its spread. However, the problem already exists, and some CEOs urge workers to return and continue production, otherwise everyone will suffer economic consequences.
Manufacturers in serious trouble
How many situations serious, says that the MWC fair in Barcelona has been canceled, and after cancellation of the arrival of major global companies such as LG, Amazon, Facebook and Intel. Therefore, it is the world's largest mobile telephony show canceled, potential deals, lucrative deals and world premieres are shifting, so in the first quarter most will be in the red.
What is of particular concern to the mobile industry is that, according to some analyzes, the delivery of mobile phones will fall by about 40% in the first quarter of this year, which is a big blow. That's why the company Xiaomi calls on everyone working in this industry to return to work, to mitigate potential losses. There are numerous factories stopped working, as the country continues to struggle with the outbreak caused by the epidemic Corona virus. As one of the world's largest mobile phone manufacturers, Xiaomi will feel this drop in sales, but it will affect many other companies that are part of the manufacturing process.
Other companies are expecting declines as well
With the fall of Xiaomi, a big drop in code sales is also expected Huawei phones, but also Apple, which announced a drastic smaller production and sale of their latest phone iPhone 11. On the other hand, Google has temporarily closed its offices in China, Hong Kong and Taiwan, and has done the same Amazon i Microsoft. Global estimates are that about 10% less mobile devices will hit the market this year than usual.