ECIA Posts Electronic Industry Coronavirus Impact Survey Results
A survey of approximately 6000 electronics industry participants, including 85% from China was conducted in early February 2020 by TPC.
As a follow up to our ongoing research on the impact to the electronics supply chain in China from the Coronavirus;
we did a special survey. The survey had ~6000 respondents with ~85% located in China. Our key findings along with our supporting, on the ground checks are as follows:
- 83% of the respondents are seeing a negative impact to demand and/or production from the virus.
- Roughly half of the respondents see production down more than 10% for C1Q due to the virus’ impact and
another 40% see it down 6-10% vs. previous plans. - 44% think this shortfall in C1Q will not be made up in C2Q.
- Regarding the C2Q shortfall, ~70% of these responses believe there will not be enough workers back by C2Q to
make up the C1Q production deficit; while ~65% believe there will not be enough components available in C2Q
to make up the shortfall. Only ~25% see any demand being destructed because of production shortfalls in C1Q. - We are seeing evidence that only ~50% of the workforce at the major manufacturing sites have returned.
- China Gov’t officials are not available at factories to approve their reopening.
- ~40% of China based suppliers have still not given a return to work date to their workforce.
- Non-China based components that do ship in February in a lot of cases cannot be received in due to lack of
workforce. - We believe that the increase to C2Q’s manufacturing schedule and requirements will further tighten supply chains resulting in shortages and some allocation.
ECIA Members can access the complete report at www.ecianow.org/stats-insights
