The virus is not only affecting people’s health and safety – but also companies and events within the electronics industry. Many global events such as The Electronic Component Show and EDS have been cancelled due to COVID-19. This will affect lots of businesses within the electronics market as many companies will rely on these events as a key source of revenue.
Embedded World 2020
Embedded World is a popular electronics trade show which took take place last month in Nuremberg. However, many companies unfortunately pulled out of the show due to the coronavirus circulating the globe which has killed over 19,000 people in its path and the attendee rate was relatively low (according to sources) purely due to the virus concerns.
What companies retracted from the show?
As of today, companies who will not be attending the show are Amazon (AWS), Avnet, including the subsidiaries Abacus, EBV and Farnell element 14 , ARM, Cypress, Data Modul, Digi International, Digi-Key, EM Microelectronics , FTDI / Bridgetek , Future Electronics, Intel, Microchip, Micron, Mitac Digital / Tyan , Mitsubishi Electric, NXP, Powerbrigde , Renesas , Rohm , Silicon Labs, STMicroelectronics , Swissbit, Telit , Winbond , Xilinx.
According to Avnet, “Avnet has made the difficult decision to withdraw from Embedded World 2020 in Nuremberg, Germany. We are disappointed to miss the opportunity to connect with our partners, customers and the media at such an important event in the electronics industry but believe this to be the right decision at this time.”.
A quote from ROHM, “ROHM Semiconductor Europe has taken the prudent decision to withdraw from Embedded World 2020 after a full assessment of the risks related to a fast-moving situation.”
Quoted from Microchip, “Microchip has withdrawn participation from Embedded World 2020 in Nuremberg, Germany, over concerns about the health and safety of our employees and customers.”
However, Maxim Integrated intends to take part in the Embedded World at this time. “However, we will continue to monitor the situation regarding the corona virus very closely, because protecting our employees is our top priority. If there are any signs of a serious risk situation, we reserve the right to take appropriate measures”.
Latest news on coronavirus
It was January 30th, 2020 when the International Health Regulations Emergency Committee of the World Health Organization declared the outbreak a “public health emergency”. The virus first broke out in Wuhan late December 2019 which spread like wildfire – causing almost 19,000 casualties in less than four months. The virus has now been confirmed in over 170 countries and has infected over 424,000 people worldwide. Things haven’t got much better – on March 11th, 2020, World Health Organization confirmed the Coronavirus a pandemic. A pandemic is the term used for a disease which is spreading between multiple people and counties at the same time. According to BBC, the highest fatality rate is 14.8% which is based on people ages 80 and over. Luckily, the average death rate for the virus is relatively low and only 2.3%.
According to many sources including CNN, Liu Zhiming, director of the Wuchang hospital in Wuhan, the city at the centre of the outbreak, himself died of the virus. China is still on lockdown and it doesn’t look like it will change anytime soon. According to analysis by CNN of Chinese government orders, 780 million people are still living under some form of restrictive movement, including all of Hubei, the north-eastern province of Liaoning, and China’s two most important cities, Beijing and Shanghai. Restrictions include everything from self-quarantines to limits on who can come and go from neighbourhoods. Not only is China in lockdown, countries such as Spain, UK, France and the US are also in quarantine.
By Amy Leary, Marketing Manager at eBOM.com