'Silicon Valley will feel this:' Business impact of coronavirus won't go away any time soon
Silicon Valley’s reliance on the global economy, along with its use of agile just-in-time inventory and cheaper oversees manufacturing were supposed to be a strength. But not right now.Experts worry those same strengths could expose the Bay Area to economic fallout from coronavirus that stretches well beyond canceled conferences and declining stock prices. Some say the outbreak could cause lasting damage to companies’ global supply chains, slowing product cycles and manufacturing.“Silicon Valley will feel this perhaps more acutely than most regions around the country,” said Peter Leroe-Muñoz, ...
The Mercury News