Coronavirus impact: Xiaomi says seeing some impact on TV business
NEW DELHI: China’s Xiaomi said its TV business has been partially impacted by the coronavirus outbreak as supply of display panels was delayed, but maintained that the smartphone business in India has been minimally affected.
“In terms of supplies, the situation is tough. Our primary concern should be all the people’s impact and hope that the situation is brought under control. However, we are doing our best to ensure that there’s minimal impact on our supplies. India is a super important market for Xiaomi overall,” Muralikrishnan B, Chief Operating Officer, Xiaomi, told ET.
“…however in TVs we are seeing some impact. The transit time for panel etc to come by seas is much longer,” he added.