Cellular exhibit is the latest problem: Corona virus threatens cellular manufacturers
Cellphone exhibition organizers in Barcelona have announced their cancellation, after a wave of giant companies announced that they would not attend for fear of contracting the Corona virus. Now it seems that the virus is not only threatening the exhibition, but also the entire cellular and technology industry
Cellular exhibit is the latest problem: Corona virus threatens cellular manufacturers
Photo: Reuters, edited by Tal Reznik(In the video: China's hospital set up in ten days)
Now it is final: The GSMA, which is in charge of the world's largest annual cellular exhibition held since 2006, has announced that this year the exhibition will be canceled. The announcement came after a wave of cancellations by huge companies such as Intel, Amazon, Facebook, LG, Nokia and even Israeli companies, who feared the Corona virus. First, the organization tried to minimize damages, and issued instructions on how to proceed and even stated that the handshakes should be "reduced," announcing that the program is continuing as usual. But nothing helped, and the panic that one of the employees of the giant companies would infect the virus and infect other workers did its own thing. Last night the exhibition was officially canceled for 2020, when it is unclear whether it will be held this year. On the other hand, the Samsung company insisted on holding the flagship launch event, even though it was not in good line.
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To the full articleThe Barcelona Cellular Exhibition will no longer be held. (Photo: Oren Dotan)
MWC 2017 (Photo: Oren Dotan, Walla system! NEWS)
The virus was able to cancel one of the most important events in the industry, an event in which transactions that affect the entire industry are signed. But this seems to be the latest problem for tech companies, since most of today's production is in China and especially in Foxcone factories, most of which have been disabled. It has been reported in recent days that it is only at the end of February that employees are expected to return to work, assuming there will be no changes in the spread of the virus in China and the world. Another factory that has been deactivated is Pegatron, which is responsible, among other things, for making the world's most popular headphones, the AirPods, and producing critical components for the iPhones. This plant has also been canceled until further notice.
The number of contractors continues to surge. (Photo: Reuters)
Doctors treat corona patients at a hospital in Wuhan, China, February 9, 2020 (Photo: Reuters)
Apple, Samsung, LG and other manufacturers are investing huge sums of money in development and research, and not just these companies are holding the launches on a regular basis year after year. This is actually the periodicity of the company, with each year they launch technologies and products they have worked on for a year. The same can be seen in the sales cycle, the significant increase in the launch quarter, and the decrease in sales in the quarter before launch. The first quarter of the year, emerging as one of the busiest quarters in terms of launches, with Samsung, LG, Shiaomi and even the first, it seems that this year Apple was to launch the discounted iPhone.
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The factory responsible for most of the chips in the world is disabled. (Photo: AP)
Foxcone (Photo: AP)
Apparently the virus continues to rage in China and spread in the country, there may appear to be more significant rejections, including the flagship devices Samsung launched, the S20, or at least inventory disruptions. The announcement of the cancellation of the exhibition may be the latest concern of manufacturers, with, inter alia, postponement of launches will hurt company shares and the economy. It is also possible that Apple and other manufacturers will change the plans, with Apple not being able to launch the discounted iPhone scheduled for March.
