Consumer electronics makers extend production cut, defer plans to ramp up production - Economic Times
7/5/2022 12:00:00 AM3 years 7 months ago
by Writankar Mukherjee
by Writankar Mukherjee
Company executives said the production of mobile phones, televisions, refrigerators, and washing machines is at 75% to 85% of original targets as inventory has piled up with consumers holding back their discretionary spending due to overall inflation.
SynopsisCompany executives said the production of mobile phones, televisions, refrigerators, and washing machines is at 75% to 85% of original targets as inventory has piled up with consumers holding… [+59 chars]
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