COVID-19’s Impact on the Tech Industry in China

The coronavirus pandemic jolted economies and businesses around the world. Immediately experts reported on signs of destruction and offered examples of recovery. In a three-part series, Kitty Fok, Managing Director of IDC, China, explains findings from her annual report, which showed China’s economy in the first quarter of 2020 fell 6.8% compared to Q1 2019. […]

The coronavirus pandemic jolted economies and businesses around the world. Immediately experts reported on signs of destruction and offered examples of recovery. In a three-part series, Kitty Fok, Managing Director of IDC, China, explains findings from her annual report, which showed China’s economy in the first quarter of 2020 fell 6.8% compared to Q1 2019. She said this is the first time China’s economy shrank since the government began sharing that data almost three decades ago. In this first segment, Fok tells how the technology industry in China was impacted by COVID-19. She describes how tech was adopted to fight the virus, how usage patterns are changing and how manufacturing supply chains will need to become more resilient. In the second part, Fok covers changes expected to occur around enterprise IT, including the proliferation of cloud computing and hybrid cloud-powered data centers. In the third part of this series, Fok talks about the industries that will come out of the COVID-19 crisis stronger.

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