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Home Electronics News

Coronavirus Effecting the Electronics Industry

Electronics Maker by Electronics Maker
February 21, 2020
in Electronics News
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Embedded World 2020

Embedded World is a popular electronics tradeshow which is scheduled to take place next week in Nuremberg. However, some companies have unfortunately pulled out of the show due to thecoronavirus circulating the globewhich has killed almost 2,000 people in its path.

cgWhat companies have retracted from the show?

As of today, companies who will not be attending the show areAmazon (AWS), Avnet, including the subsidiaries Abacus, EBV and Farnell element 14 , ARM, Cypress, Data Modul, Digi International, Digi-Key, EM Microelectronics , FTDI / Bridgetek , Future Electronics, Intel, Microchip, Micron, Mitac Digital / Tyan , Mitsubishi Electric, NXP, Powerbrigde , Renesas , Rohm , Silicon Labs, STMicroelectronics , Swissbit, Telit , Winbond , Xilinx.

According to Avnet, “Avnet has made the difficult decision to withdraw from Embedded World 2020 in Nuremberg, Germany. We are disappointed to miss the opportunity to connect with our partners, customers and the media at such an important event in the electronics industry but believe this to be the right decision at this time.”.

A quote from ROHM, “ROHM Semiconductor Europe has taken the prudent decision to withdraw from Embedded World 2020 after a full assessment of the risks related to a fast-moving situation.”

Quoted from Microchip, “Microchip has withdrawn participation from Embedded World 2020 in Nuremberg, Germany, over concerns about the health and safety of our employees and customers.”

However, Maxim Integrated intends to take part in the Embedded World at this time. “However, we will continue to monitor the situation regarding the corona virus very closely, because protecting our employees is our top priority. If there are any signs of a serious risk situation, we reserve the right to take appropriate measures”.

Latest news on coronavirus

Today, China authorities have claimed that the number of confirmed cases is72,436, which is up 1,888 from 70,548 the day before — and the death toll now stands at 1,868. The virus is known to be lurking in a minimum of 25 countries and is spreading like wildfire. According to BBC, the highest fatality rate is 14.8% which is based on people ages 80 and over. Luckily, the average death rate for the virus is relatively low and only 2.3%.

According to many sources including CNN, Liu Zhiming, director of the Wuchang hospital in Wuhan, the city at the centre of the outbreak, himself died of the virus. China is still on lockdown and it doesn’t look like it will change anytime soon. According to analysis by CNN of Chinese government orders, 780 million people are still living under some form of restrictive movement, including all of Hubei, the north-eastern province of Liaoning, and China’s two most important cities, Beijing and Shanghai. Restrictions include everything from self-quarantines to limits on who can come and go from neighbourhoods.

How can I prevent this effecting my day to day life?

For the time being, I would avoid purchasing any products which are manufactured / supplied within China. According to CNBC, Coronavirus prompts automakers to evacuate workers, weigh production delays at Chinese factories. This would result in slower production timescales along with lengthy delivery delays. Also – pointing out the obvious – avoid travelling to China, especially Wuhan. According to Financial Times, China’s leaders are bracing for a blow to first-quarter economic growth as the deadly coronavirus weighs on consumption, travel and manufacturing.

Regular updates on the virus impacting the electronics industry will be posted on eBOM.com

To ensure that you do not miss the latest industry news sign up now to receive the latest news to your inbox at https://ebom.com/enewsletter-archive/

By Amy Leary, Marketing Manager at eBOM.com

 

Tags: Coronavirus
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