Recently ,the, Novel Corona Virus outbreak and is spreading rapidly in WuHan China .the Chinese government is taking the most powerful measures currently. In order to reduce the risk of infection as much as possible. To avoid large-scale migration and aggregation of the population,All of the enterprise extend the new year holiday to 10th Feb,with the effect of the Novel Corona Virus,our PCB industry will face the reduction of the production capacities.
In the meanwhile,due to blocked transportation and upstream supply chain companies facing pressure to resume work, some companies face the risk of insufficient supply of PCB raw materials.
Fund shortage, SMEs face crisis of bankruptcy.manufacturing companies are labor-intensive companies, and labor costs account for a large proportion), plus rent, water, electricity, interest, etc. Rigid expenditures can imagine the operating pressure of enterprises.
As a key component of electronic products, the market demand continues to be optimistic. Although the offline experience consumption has been impacted in the short term due to the impact of the epidemic, we believe that the long-term demand is only a delay but not a disappearance. We believe that related demand is expected to recover after the epidemic has eased.
It is particularly worth mentioning that the demand for products in some electronic sub-segments has exploded during this outbreak of pneumonia, such as infrared temperature measurement products.