Covid crisis: As sales crash, electronic, phone companies shutter plants

Companies such as LG, Panasonic, Carrier Midea, Vivo, Oppo, Haier and Godrej Appliances have either completely shut down all their plants or cut production significantly. Some like Apple and Samsung, which also export from India, are running significantly scaled-down production units, at 25-40% of capacity, just to cater to global markets.


via Economictimes

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