While the coronavirus (COVID-19) is putting a strain on the world economy, so far the telecom infrastructure supply chain has held up, says GlobalData, a data and analytics company.
While there is a risk that the COVID-19 crisis will affect the ability to acquire manufacturing materials and deliver finished goods, companies are expanding the number of suppliers on a global basis, according to Laura Petrone, senior analyst at GlobalData.
“Most companies operate a distributed supply chain, with manufacturing, component suppliers, and logistic operations located in regions that have been significantly impacted by COVID-19,” Petrone said. “They are now busy minimizing the potential impact on their operations by taking action to reroute orders and add manufacturing capabilities around the world.”
GlobalData published a fully revised report, “Tech, Media & Telecom (TMT) Trends 2020” to reflect the impact of COVID-19 on 17 separate TMT sectors. Its analysis provides insight into the impact of COVID-19 on leading companies, as well as the impact of COVID-19 across 17 different technology sectors. It discusses the short- and long-term impacts of COVID-19 on each sector and ranks on a company-by-company basis the individual impact of COVID-19 alongside nine other themes that affect that sector. All sectors will be negatively impacted.