Effect Of Novel Coronavirus Pneumonia On Electronics Industry

  At the beginning of this year, the sudden outbreak of the novel coronavirus pneumonia  disrupted the overall domestic life and economic development. The nationwide fight against the epidemic. In order to avoid large-scale population movement and aggregation, a series of measures were taken, and the electronics industry chain was directly affected. .

1. The demand for components such as infrared sensors has increased significantly
Since the outbreak of the novel coronavirus pneumonia, the demand for medical devices related to the detection and treatment of new crown pneumonia has increased substantially. Attention has been continuously increased in handheld thermometers, infrared thermometers and equipment for detecting vital signs of patients in medical equipment, and strong demand in the medical market Demand for electronic components has increased significantly.

2. Consumer electronics industry is greatly affected
In contrast, the entire consumer electronics industry has been more severely affected. According to previous years' experience, February to March is generally a good time for major mobile phone manufacturers to release new phones. However, due to the impact of coronavirus, product production capacity is damaged. It is also not suitable to hold a large-scale crowd product launch.

3. Nearly 70% of electronics companies are preparing to develop new products in the medical and health industry
The new crown epidemic has had a huge impact on retail, tourism, catering, transportation and manufacturing, but it has also created opportunities for the development of the medical and health industry. According to the forecasts of international analysis agencies, the pharmaceutical and health industry may increase its GDP by approximately 450 billion yuan in 2020. In the short term, there will be a large demand for masks, gloves, and medical testing equipment. Electronic manufacturing enterprises combine the current epidemic situation to open up new product development space in the four major segments.

The sudden emergence of the novel coronavirus pneumonia has brought a significant impact to the Chinese economy. As a big manufacturing country, the enterprises in China's electronics industry chain feel obvious. The demand side has changed drastically, and the delay in the resumption of business has affected the release of production capacity, but it has also created opportunities for the development of the medical and health industry.