The coronavirus has spread to over 200 countries and claimed more than 30,000 lives.
The virus emerged in China in December and spread around the world. European countries and the US report a significant amount of cases over the last two weeks. The total number of the cases is more than 600,000.
I traveled to our home office in Japan last week. The number of the cases in Japan jumped up significantly in the Tokyo area last week. I have no symptoms of coronavirus infection, but remain in self-isolation for at least two weeks. I will refrain from public transportations including taxicabs.
Market analysts predict a slowdown in the global electronics industry due to the pandemic. Stock markets throughout the world are experiencing extreme volatility with every news report. The Dow Jones fell almost 25% YTD. It’s at its lowest level since December 2016, and is on pace for its worst month since the Great Depression.
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