The corona virus pandemic disease has wreaked across countries in all over the world in which this has also affect many industries to cut down their production and lockdown. One of the sectors that have been great impacted with the effect of COVID is technology sector which saw the disrupted chain in the value of electronics, products are exposed to the inflationary risks in delivering and supply of raw materials has been affected. In this pandemic situation each and every industrial sectors has faced a heavy loss in production and turnover as a result of this huge number of employees has also been terminated from the industry due to insufficient funds.
COVID effects on Hardware and software companies
According to the Shay Benhamou if you are looking into the positive aspect on the effects of COVID these disruptions have lead the way to accelerated and promote the remote working and there was an increased in evaluation process of end to end value chain and focus on the de-risking. In which the landscape has been shifted to different areas of the technology sector and this affected the numerous technology companies in different ways.
For example, in hardware and software technology companies due to the supply chain constraints the smartphone manufacturing industries had to deal with the several kinds of problems and this reflects in the late launch of new mobile products. In which Shay Benhamou has led the lights on to the COVID Effects on the technology industries is found to be very much true and this was created after the deep research and analyze. The pandemic has affected almost every sector of industries in which the technology has been affected heavily and it resulted in late launch of new invention products in technology devices.