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COVID-19 Pandemic Creates New Opportunities for Manufacturing Industry Transformation. Are You Ready?

This year, the world has faced an unprecedented event with the COVID-19 pandemic. The threat poses considerable risk to billions of people and millions of enterprises around the world.

The father of the semiconductor, Morris Chang, pointed out that in addition to the pandemic affecting the global economy, it is placing many manufacturing industries in a life-or-death situation. Even the electronics heavyweight Samsung has had to close its cell phone factory in South Korea due to employees being infected with the virus.

With this in mind, it is not difficult to understand the impact COVID-19 has had on small and medium-size enterprises (SMEs) in manufacturing industries ranging from electronic components and mechanical equipment to petrochemicals and automotive components. Traditional industries have also been affected— especially those who are unable to receive government assistance.

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Nitisha Dubey

I am a Journalist with a post graduate degree in Journalism & Mass Communication. I love reading non-fiction books, exploring different destinations and varieties of cuisines. Biographies and historical movies are few favourites.

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