Roku, a pioneer of streaming to the TV, said it’s keeping a close eye on its manufacturing supply chain in China where the coronavirus could impact how quickly it can replenish its product. Speakin…
Speaking at the Morgan Stanley Technology, Media & Telecom conference in San Francisco, outgoing CFO Steve Louden said the company had moved its player manufacturing to Vietnam in the fall due to the U.S.-China trade war, but “other parts … run through China, so to the extent that there is continued oudisruption in the supply chain” it’s something they continue to monitor. He said the post-holiday period is an important time for many companies to replenish inventory.
“We are optimistic this will be a short-term impact [but] .. will keep an eye on the situation,” Siegel said. Both execs thanked the audience for being there. The four-day conference saw several top companies including Facebook, Fox and Walt Disney canceling presentations at the annual event, echoing closures and postponements across the tech, media and entertainment sector all week, from developers’ conferences to MipTV to advertiser upfront presentations.
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