Understanding COVID-19’s impact on the technology sector
The effects of COVID-19 are having a significant impact on the technology sector, affecting raw materials supply, disrupting the electronics value chain, and causing an inflationary risk on products. More positively, the disruption has caused an acceleration of remote working, and a rapid focus on evaluating and de-risking the end-to-end value chain. In addition, potential carbon emission reductions could result in renewed focus on sustainability practices. This article considers the shifting landscape across a number of areas,including:
- Hardware/software
- IT services
- Semiconductors
- Network equipment
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