Samsung and Foxconn factories stop working due to coronavirus – review

The year has just begun, but coronavirus already has a strong impact on the global industry and the IT sector. Previously reported possible problems with Apple and Foxconn, now it became known that the Chinese authorities decided to close the Foxconn factories and Samsung for the next couple of weeks.

They are located in the area of ​​Wuhan, where the focus of the disease is recorded. The local economy is also losing out due to lower demand. And according to analysts, a temporary closure of factories could trigger a recession, especially since it will happen just after the Chinese New Year.

However, this may allow Micron, Western digital and other American companies to ramp up production.

In this case, according to The Verge, Facebook, Razer and LG restrict employee travel to China. And Bloomberg clarifies that all employees of the largest social network are promptly returned home and asked to work from home.
At the moment, the number of deaths from coronavirus, according to Bbcamounted to 106 people. The number of cases exceeds 4500 people only in China (and these are only those who are confirmed). It is not yet known whether other plants will be closed.
But Tesla offers free battery charging to all owners of branded electric vehicles in hazardous areas so that they can quickly leave the zone of active spread of the disease.