Since the coronavirus was first reported in the United States in February 2019, states across the nation have taken measures to protect its community. Part of those measures has required countless businesses to work remotely, many for the first time. As a result, it is likely not surprising to learn that the technology and electronics industry has been significantly impacted. Below are some of the biggest ways that demand has changed for reliable electronics due to the coronavirus.
High Demand For Home Electronics
While some companies have been able to provide electronics for their employees working remotely, there is still a high demand for additional electronics. For many companies, the ability to work remotely has led to extending work-from-home policies until further notice. As a result, the demand for computers and laptops to use from home has significantly increased. According to an article from The Verge, PC shipments have increased by 11.2% since the same time last year. As more companies continue to shift towards working remotely long-term, the demand is expected to go up.
Halt Of Electronics Parts
Because of the lockdown implemented in communities around the world, supply chain manufacturers were forced to shut down production until further notice. This means that numerous supplies for computers and laptops, which can include keyboards or hardware parts, may be on backorder, leaving some companies without crucial supplies. This has led to a larger shortage of electronics than before.
Longer Wait Times
For many countries around the world, the initial response was to close all stores and businesses from physical locations. As a result, many companies were not able to send out shipments as they normally would. With more orders than is typically seen coming in and less manpower to process them, some orders are taking longer to be shipped. While many companies that have returned to work have been able to catch up on back orders, there are still countless companies dealing with increased wait times.
To learn more about the refurbished electronics industry and how they have responded to the coronavirus, visit the monthly blog from Weliky Group.