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Industry Rumors: Coronavirus can be final blow for camera industry
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  • jleojleo

    Feb 10

    Huawei, the country's top smartphone maker, on Monday reopened its Shenzhen headquarters where it employs about 40,000 people, according to a person familiar with the matter. The...decision was in line with local guidelines that authorized businesses to reopen.

    Huawei employees returned to a dramatically different environment than the one they left in January. When they clock in each morning, workers must now provide details about their body temperature and whereabouts for the last two weeks, the person said. There will also be temperature checks at office buildings and parking lots, while face masks and hand sanitizers are being dispensed all over campus.

    6:58 pm Feb 9

    Postal authorities in Hangzhou, E China's Zhejiang Province have required all its express companies to fully resume work on Mon. Some citizens hope express workers keep away from the novel coronavirus pneumonia with personal protective equipment.

    6:26 pm Feb 9

    Regions which are severely affected by the novel coronavirus outbreak should prioritize efforts to organize businesses specializing in daily necessities production to resume work: Chinese commerce ministry

    8:00 pm Feb 9

    Experts suggest setting up epidemic evacuation zones in big cities on a regular basis and establishing a dedicated, permanent military unit to end coronavirus crisis and address similar nuclear, biological and chemical threats.

    9:38 pm Feb 8

    The qualified highway and water transport projects, which are capable of undertaking a good job in the prevention and control of the novel coronavirus pneumonia (NPC), will strive to resume work before February 20, Ministry of Transport announced Saturday. ||

  • Vitaliy_KiselevVitaliy_Kiselev

    Sony and Amazon are the latest companies to cancel their presence at Mobile World Congress 2020.

  • Vitaliy_KiselevVitaliy_Kiselev

    Less than 20% of Chinese factory employees would return to work after an extended Lunar New Year break due to the coronavirus outbreak, and many components plants in China have decided not to restart production until February 25.

  • Vitaliy_KiselevVitaliy_Kiselev

    IAG Cargo, the air cargo arm of British Airways parent IAG, on Monday canceled all services to and from mainland China for at least the remainder of the month, citing a UK government travel advisory, according to a statement on its website.

    German logistics group DHL has reported "severe disruptions to inbound and outbound air cargo shipments, trucking and rail cargo services."

  • Vitaliy_KiselevVitaliy_Kiselev

    More MWC news

    According to people familiar with Samsung's plans, the South Korean electronics giant has been considering its options when it comes to the trade show, which takes place in Barcelona, Spain, the last week of February. So far, many of the company's US and Korean headquarters employees plan to cancel their trips to Europe, the people said

  • Vitaliy_KiselevVitaliy_Kiselev

    Another firms told that any work will start since February 24th at best. But most probably at mid Match.

  • EspenBEspenB

    https://www.mirrorlessrumors.com/now-this-is-going-bad-folks-sony-said-coronavirus-outbreak-could-affect-image-sensor-and-electronics-business-enormously/

    Sony - “we cannot deny that our production and sales supply chain for the image sensor and electronics business could be affected enormously.”

  • Vitaliy_KiselevVitaliy_Kiselev

  • jleojleo

    Cleaning crews are disinfecting office buildings for reopening this week.

    Disinfecting air from Corona Virus with heavy machines in Wuhan and Hubei Province

  • Vitaliy_KiselevVitaliy_Kiselev

    Foxconn factories won't start work until at least February 15th.

  • kurthkurth

    @Vitaliy....yep

  • jleojleo

  • Vitaliy_KiselevVitaliy_Kiselev

    Nvidia is no longer attending Mobile World Congress.

  • Vitaliy_KiselevVitaliy_Kiselev

    World is fucked, I guess nuclear war can load to record stock prices hike

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  • Vitaliy_KiselevVitaliy_Kiselev

    Apple Inc. is extending its retail store closures in China by a few days as the coronavirus continues to spread, potentially crimping sales in a critical region for longer than expected.

    Last week, Apple said it would close all 42 stores in China until Feb. 10 in an “abundance of caution and based on the latest advice from leading health experts.”

    The company is now extending this, with most of the stores remaining closed until Feb. 15

    As expected.

  • Vitaliy_KiselevVitaliy_Kiselev

    Virus will end wipe out from 30 to 70% of all petty bourgeoisie businesses in the world. This includes small stores, services and so on.

  • Vitaliy_KiselevVitaliy_Kiselev

  • Vitaliy_KiselevVitaliy_Kiselev

    Electronica China originally scheduled to take place in Shanghai during March 18-20 has been postponed, according to the organizer.

    It follows SEMI's decision to postpone SEMICON China, originally slated also for March 18-20 in Shanghai.

    Taiwanese exhibitors participating in Electronic China said they expect all exhibitions and events in Beijing, Shenzhen and other parts of China for will all be canceled for the next two months. Regular business activities in China will be stalled at least until March.

  • Vitaliy_KiselevVitaliy_Kiselev

    @jleo

    It is too early to blame China, I expect it to be in summer after global issues.

  • jleojleo

    Yes, airpod clones start at $3 on aliexpress and gearbest while the 1:1 clones with almost identical sound quality and functions are around $20-30. And tech geeks are all focused on when they can get their China stuff!

    While western media complain about China not imposing a quarantine fast enough. When China imposed a quarantine, they now attacked China for being authoritarian and violating human rights. At the same time, demanding the quarantine be broken for foreigners to be evacuated. Since doctors have stated that the coronavirus can be transmitted by people showing no symptoms or virus hiding in your iphone. China will be no doubt blamed if the evacuated people suddenly get sick! For those constantly complaining that China's infection and death rate is being covered up and inaccurate, remember it took the CDC three years to report that the death rate for H1n1 was 16 times as first reported. So in China now, how many deaths would satisfy you ? 1 million? 10 million. 100 million? Have you no humanity, at long last? :)

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  • Vitaliy_KiselevVitaliy_Kiselev

    @jleo

    Most amazing thing in capitalism is how all media is worried about AirPods , but not about people and their needs. despite AirPods being total shit tech made with sole purpose of record profits (Airpods self cost is only around 1.5x of good Chinese wireless systems, but retails is much much higher)

  • jleojleo

    Airpods shortage soon?

    The US tech giant had ordered its suppliers to produce up to 45 million units in the first half of the year to keep up with surging demand for the wireless earphones.

    Now, however, the current stock of AirPods is running low, with most of the finished products reserved for Apple's own online and offline stores, the sources said. Currently, the standard AirPods are still in stock, according to Apple's official online store, while there is a one-month waiting period for the premium AirPods Pro launched last September.

    Luxshare Precision Industry, also known as Luxshare-ICT, Goertek and Inventec, the three key manufacturers of the AirPods, have halted the majority of production since the Lunar New Year break began, two people familiar with the matter told Nikkei. The three companies now have at most two weeks' worth of materials and components needed for AirPods assembly, and must wait for component makers across China to restart operations in order to receive fresh supplies, the people said.

    "Because of the virus outbreak, it has already been about two weeks since the assemblers have shipped any new AirPods series," said a person familiar with the situation. "All of the stores and carriers selling Apple products are really counting on suppliers to resume work next week..

    The three major AirPods assemblers, like other Apple suppliers, are scheduled to resume work on Monday, but their production utilization rates may reach just 50% at best in the first week given the current conditions, a source familiar with the matter said.

    "One of the big concerns is whether other parts suppliers in China can smoothly resume work to produce enough parts for final assembly," the person said. "We really have to wait and see how things play out next week. If the assemblers could not get enough supply of parts in two weeks, it will be a big problem."
  • jleojleo

    yes, well many small companies and family businesses don't pay their workers anyways so nothing new :)

    In Hong Kong, the "freedom fighters" who have been beating up mainland tourists and workers for months, are now calling for more deaths in China! Nice guys. They are also demanding the HK govt close the border to China. They may not realize that almost all their food, water and electricity come from China. Biting the hand that feeds them!

    But the sense of abundance is deceiving. In truth, land-scarce Hong Kong is among the world’s most “food-vulnerable” places, importing nearly everything it eats and drinks. About 90% of its food supply is imported, according to the food and health bureau, and most of it comes from mainland China, including all the fresh beef, 94% of the fresh pork, and 92% of the vegetables.
  • Vitaliy_KiselevVitaliy_Kiselev

    @jleo

    Just watch out as all the "pleasant" sides of capitalism start to show themselves in China soon, as reserves will be going out for both small and medium firms. Individuals will be also abandoned with hundreds of millions suddenly not having money and trying to return home again.

  • jleojleo

    Given there is so much uncertainty right now and we cannot predict when the current state will end, our advice is to watch for the developments and stay in compliance to the best you can. For example, Beijing is sort of business as usual in that employees are now back to work, though many are working remotely as the government has encouraged them to do so at least before February 10. But what happens after February 9? Will the government continue to encourage employers to have employees work at home to avoid crowd gathering? This is likely but we just don’t know now. The mandatory rest period is still in place in Shanghai through February 9 and what happens after that? We don’t know.
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