Notion VTec Bhd executive chairman Thoo Chow Fah stresses that China is still the manufacturing hub of the world, especially for the electrical and electronics sector. Hence, the virus outbreak will affect imports and exports from China and delays in restoration of the supply chain.
“Our diversification of industries and customers has helped buffer this slowdown. Notion VTec does not import much from China so it is not much of a problem so far. Of course, if the outbreak becomes a pandemic, then the effects on the rest of the world will be serious. Hopefully, it is well contained and things will get back to normal in three months’ time,” he says.
Stock: [NOTION]: NOTION VTEC BHD
2020-03-07 08:57 | Report Abuse
Notion VTec Bhd executive chairman Thoo Chow Fah stresses that China is still the manufacturing hub of the world, especially for the electrical and electronics sector. Hence, the virus outbreak will affect imports and exports from China and delays in restoration of the supply chain.
“Our diversification of industries and customers has helped buffer this slowdown. Notion VTec does not import much from China so it is not much of a problem so far. Of course, if the outbreak becomes a pandemic, then the effects on the rest of the world will be serious. Hopefully, it is well contained and things will get back to normal in three months’ time,” he says.