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While all tech sectors will be negatively impacted by coronavirus, IT services will be hit hardest, says GlobalData

The coronavirus (COVID-19) will by far have the most impact on the technology industry in 2020. It will put incredible strain on the world’s economy, which will be effectively halted for three months or more. It is effectively a stress test on companies’ ability to cope with extreme shocks. COVID-19 …

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Apple falls from No. 4 to No. 14 in GlobalData’s consumer electronics thematic scorecard because of COVID-19

As the world enters lockdown, there will be many consequences for the tech, media and telecoms (TMT) industry. Some will fare relatively well in the short term, for example collaboration software vendors and cloud services providers. Others – particularly IT infrastructure companies – may bounce back after overcoming short-term supply chain issues. …

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