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Novel Coronavirus spreads LED display enterprises' import and export trade under siege

Novel Coronavirus spreads LED display enterprises' import and export trade under siege

  • 2020-08-20
  • Views:0

Novel Coronavirus spreads LED display enterprises' import and export trade under siege

(Summary description)

  • Categories:NEWS
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  • 2020-08-20
  • Views:0
Information

From the point of view of foreign demand: affected by the epidemic countries, based on the requirement of control, will strengthen the regulation of personnel flow, under the condition of strict supervision, will be to cause a decline in domestic demand, resulting in overall imports, for the LED display industry, application requirements in the short term will be synchronized by all kinds of exhibition events, stage performance, commercial retail and other commercial shows the impact of falling demand. From the domestic supply side, in February, in order to control coVID-19, a large number of factories were shut down, and some enterprises had to face cancellation of orders or delay of delivery. As a result, the supply side of exports was significantly affected, which led to a significant decline. From the breakdown point of view, labor intensive products due to the impact of the shutdown and resumption of work is relatively large, the first two months of China's export decline is relatively obvious.

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