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Covid-19 Epidemic Hampers Delivery of Parts to Many Brazilian Industries

RIO DE JANEIRO, BRAZIL - Covid-19, the coronavirus epidemic that broke out in China, the world's largest exporter of parts, components and finished products, which in recent weeks has rocked the financial markets, has also triggered a warning signal among Brazilian industries, particularly electronics, which use many items imported from Asia.

Multilaser, a company that manufactures electronics in Extrema (MG), projects a 17 percent reduction in the supply of imported parts and components due to the almost one-month long shutdown of Chinese factories.

"This is the expected loss so far because of what has already occurred," said Alexandre . . .

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