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DOES THE COVID-19 PANDEMIC AFFECT YOU?

DOES THE COVID-19 PANDEMIC AFFECT YOU?

The COVID-19 pandemic is already a big challenge to all industrial manufacturers, take RFID for example, our Event RFID Wristbands, no events, no parties, no outdoor activities...no orders for this kind of wristbands. The pandemic has a financial impact on about 90% of manufacturers¡¯ business, according to a recent survey of the National Association of Manufacturers (NAM).

About 60% of RFID TAGS factories are lack of labor, can not recruit workers during the pandemic time. 5% of SMART CARDS factories went bankrupt because of no orders, the high rent, and the high labor cost.

Some major industrial companies have already closed facilities here in China until the August 1st, some are working on the extent of layoffs to survive the companies from the virus. Clearly, it¡¯s winter time for industrial manufacturers, primarily for two reasons: First, many manufacturing jobs are not like internet-related jobs on-site, can work at home, manufacturing jobs cannot be carried out remotely. Second, slowed economic activity has reduced demand for industrial products globally.

How can we survive from the COVID-19 pandemic? We need stand together as one to fight against the virus, abandon all prejudice, no racist views, no medical boundaries for sharing all data effectively, everyone works to only one aim to dust the virus away from human being homeland the earth for good.