COVID-19 pandemic market impact

The global electronics consumer market is expected to be impacted significantly by COVID-19. China is one of the major suppliers for the raw materials and the finished products. The industry in Feb faced a reduction in production, disruption in supply, and price fluctuations, which have fully recovered. While this can vastly encourage manufacturers to step up and respond demands, the COVID-19 outbreak all over the world can still pose a challenge to this industry. The sales of electronic companies will be affected seriously at thisstage. The situation will account for COVID-19 as a key market influencing factor.

This week, with the return of normal order in some parts of the US and the European Union, the market will further pick up.

Now factory has enough raw materials and production capacity, and the price of USB flash drive and USB stick has reached bottom, which greatly facilitates the buyer's market.