Technology pricing is going to rise because of Corona Virus strain on supply chain
Published: Tuesday, February 4, 2020 written by Drew Jackson
View Count: 69
Keywords: Technology, China, Corona Virus, Supply Chain, Squeeze
The corona virus sweeping through China is forcing manufacturers to shut down, so big name suppliers are shutting down as well, and supply chains will be tested. Backup capacity in other countries like Mexico, Australia, and India are doing overtime to compensate.
We will see a price shift upwards for a while.
The purchase of technology might be slowed as well as we see stocks and valuations plummet in this moment of tragedy and chaos regarding a pandemic.
more to come...
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