Nintendo counts coronavirus cost as factories await reopening — Panjiva
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Nintendo counts coronavirus cost as factories await reopening

China 2393 Coronavirus 256 Info Tech - Tech Hardware 550 U.S. 4229

Chinese factories that have been closed to slow the spread of 2019-nCoV coronavirus are due to reopen on Feb. 9. That may allow companies to start to count the cost of the outbreak to their supply chains. Nintendo has stated “production and shipment delays will be inevitable” for its Switch platform peripherals. The impact on full year sales may be mitigated as deliveries for the holiday shopping season typically only peak in September and October. The industry overall has a significant exposure to China, with 87.9% of total U.S. imports of videogames coming from China. Yet, that has fal...

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