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You are at :Home»Paid Articles»Is the Technology sector collapsing or thriving during COVID-19?

Is the Technology sector collapsing or thriving during COVID-19?

LUDCI.eu Editorial Team 14 Sep 2020 Paid Articles 954 Views

Headline Diplomat eJournal - Issue 1
The perilous lenses of COVID-19: The impact on the economy
Writes Brock Cooper, Journalist, Profitable Prose, LinkedIn
COVID-19 has impacted every aspect of society, but few have felt it as hard as the technology sector. While some areas are seeing dramatic declines in sales and the ability to produce, others are not only weathering the storm but also thriving in it.

Is there a light at the end of the tunnel for the tech sector or have some areas been hit so hard they are irrevocably changed? We’ll look at how this disease has impacted technology for the good and the bad.

As the world struggles to recover, the tech industry is poised for either a great depression or evolve into something even greater than it is today.
Supply Chain Issues Hurt Tech Manufacturers
Many technology manufacturers are having trouble keeping up with demand as COVID-19 strangles supply chains and sickens workers. Travel and trade restrictions are causing massive delays in components created in other countries such as China as they sit in customs waiting to pass inspection.

Important supplies that once took weeks now take months to arrive and tech companies ...

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cloud storage covid 19 economic relief packages economy Forbes supply chain tech manufacturers tech medicine Technology technology-enabled world transition virtual technology zoom meetings 2020-09-14
LUDCI.eu Editorial Team
Tags cloud storage covid 19 economic relief packages economy Forbes supply chain tech manufacturers tech medicine Technology technology-enabled world transition virtual technology zoom meetings

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