Smartphones and electronic items made in China may soon become expensive due to 'this reason!
Friday - February 7, 2020 4:16 pm ,
Category : WTN SPECIAL
Coronavirus severely affected China's economy
Coronavirus shut down plants of well-known companies in China, production affected badly
FEB 07 (WTN) - Coronavirus, a deadly infectious disease spread in China, has become an epidemic in China. According to the information, so far 636 people have died in China due to Coronavirus, while around thirty thousand people are said to be suffering from Coronavirus infection. The Chinese economy has suffered a major setback due to the Coronavirus. If the Coronavirus is not controlled soon, China's economy could suffer a loss of about $ 135 billion. Not only this but due to the Coronavirus spreading in China, the products which are imported from China can be expensive in other countries of the world including India.
For your information, let us know that due to Coronavirus, other electronic products including smartphones may soon become expensive. This is why, because many parts used in other electronic items, including smartphones, are manufactured in China, or assembled in China. Now that companies in China have stopped production due to Coronavirus, the prices of goods exported from China are expected to rise. According to experts, the Coronavirus spread in China may reduce parts production in China, and for this reason prices of other electronic items, including smartphones, may soon increase.
For your information, let us know that the world's famous electronic companies have plants in China. But due to Coronavirus, these companies have either closed their plant for some time or limited the production at the plant, taking precaution. In such a situation when production will be affected by plots, mobile and other electronic goods may soon become expensive. It is estimated that if the production of electronic companies' plants is affected due to the Coronavirus in China until 15 February, the prices of electronic products may increase by 5 to 15 percent.
Let us know that China is the second-largest economy in the world after America. China has plants of many big companies in the world, and the goods produced from these plants are supplied all over the world. Now that production is stalled in China-based plants, the delivery of goods supplied from China to the whole world may be affected, and the goods may become expensive. As far as India is concerned, India's electronics market is full of goods made in China. Parts of almost every Android smartphone used in India are made in China. In such a situation, the price of a smartphone can be the highest increase.
Although it is being claimed that the Coronavirus vaccine has been invented, but by the time the vaccine will prove its authenticity, and the vaccine is administered to the people, the Chinese economy will have suffered a major setback. At the same time, due to the hindrance in the supply of goods exported from China, electronic items including mobiles will become expensive in the whole world including India. Now it has to be seen how quickly the Chinese government is able to control the Coronavirus to save its economy.
FEB 07 (WTN) - Coronavirus, a deadly infectious disease spread in China, has become an epidemic in China. According to the information, so far 636 people have died in China due to Coronavirus, while around thirty thousand people are said to be suffering from Coronavirus infection. The Chinese economy has suffered a major setback due to the Coronavirus. If the Coronavirus is not controlled soon, China's economy could suffer a loss of about $ 135 billion. Not only this but due to the Coronavirus spreading in China, the products which are imported from China can be expensive in other countries of the world including India.
For your information, let us know that due to Coronavirus, other electronic products including smartphones may soon become expensive. This is why, because many parts used in other electronic items, including smartphones, are manufactured in China, or assembled in China. Now that companies in China have stopped production due to Coronavirus, the prices of goods exported from China are expected to rise. According to experts, the Coronavirus spread in China may reduce parts production in China, and for this reason prices of other electronic items, including smartphones, may soon increase.
For your information, let us know that the world's famous electronic companies have plants in China. But due to Coronavirus, these companies have either closed their plant for some time or limited the production at the plant, taking precaution. In such a situation when production will be affected by plots, mobile and other electronic goods may soon become expensive. It is estimated that if the production of electronic companies' plants is affected due to the Coronavirus in China until 15 February, the prices of electronic products may increase by 5 to 15 percent.
Let us know that China is the second-largest economy in the world after America. China has plants of many big companies in the world, and the goods produced from these plants are supplied all over the world. Now that production is stalled in China-based plants, the delivery of goods supplied from China to the whole world may be affected, and the goods may become expensive. As far as India is concerned, India's electronics market is full of goods made in China. Parts of almost every Android smartphone used in India are made in China. In such a situation, the price of a smartphone can be the highest increase.
Although it is being claimed that the Coronavirus vaccine has been invented, but by the time the vaccine will prove its authenticity, and the vaccine is administered to the people, the Chinese economy will have suffered a major setback. At the same time, due to the hindrance in the supply of goods exported from China, electronic items including mobiles will become expensive in the whole world including India. Now it has to be seen how quickly the Chinese government is able to control the Coronavirus to save its economy.
