Open AccessTHE IMPACTS OF COVID-19 PANDEMIC ON THE GLOBAL SEMICONDUCTOR INDUSTRY
Author(s) -
Nor Aznan Mohd Nor,
AUTHOR_ID
Publication year - 2021
Publication title -
statistika, učet i audit
Language(s) - English
Resource type - Journals
ISSN - 1563-2415
DOI - 10.51579/1563-2415.2021-4.17
Subject(s) - government (linguistics) , pandemic , covid-19 , social distance , business , production (economics) , distancing , new normal , semiconductor industry , industrial organization , economics , engineering , medicine , manufacturing engineering , philosophy , linguistics , disease , pathology , infectious disease (medical specialty) , macroeconomics
The impact of COVID-19 pandemic to manufacturing companies has been horrendous that panic attack has occurred among the companies, as well as semiconductor companies. Many companies have been declared bankrupt due to this pandemic and a new normal have been born such as remote working, following by certain Standard Operating Procedures (SOPs) implemented by the government to avoid infection of this COVID-19 virus and practice social distancing at the workplace. Apart from the new normal, there are some effects to the semiconductor companies in a way that could present a negative impact to the future of the companies. There are some drastic measures being implemented to adapt with the new normal as well as keeping the production running as usual. The main motive of analyzing the current situation is to avoid complete down fall of production of semiconductor companies which may affect the global economy.