We recognize that these are uncertain times as the global community faces an unprecedented challenge in dealing with COVID-19. The virus outbreak is taking a toll on our lives, businesses and communities. To help fight this common threat we would like to update you with how we are approaching the situation, in the hope that this helps more people conquer this adversity.
The health and safety of our employees, customers and partners is of paramount importance to us, hence since early February we have been encouraging global employees to communicate with partners through digital channels. We cancelled or postponed offline activities and tradeshows, including our annual QIoT Summit in Shenzhen. In place of these we held 3 live webinars for North America & Latin America, EMEA and China respectively, to keep you informed of the latest IoT trends no matter your location. We will of course continue to bring you cutting-edge IoT innovations, our unrivaled product portfolio
and demos in digital ways.
Quectel has also been working with its customers to offer the latest innovations in IoT technologies to help contain the virus spreading, including delivery robots, reception robots, teleconsultation devices, drones, locators for quarantined people and much more. These innovative applications have helped to control the epidemic through reducing person-to person contact and saving the healthcare labor force who are on the front line working tirelessly to care for people in need. If you are looking for an IoT product that can help combat the Coronavirus, feel free to contact your local Quectel representatives
and we would be very happy to help.
We would also like to reassure you that we have built a robust supply chain and are well prepared with sufficient inventory to ensure continuous module deliveries to our global customers to keep you up and running in this difficult time. We will have our factories back to 100% capacity by the end of March 2020.
Please rest assured that during these challenging times you can rely on Quectel to keep working on fighting the virus through innovative IoT technologies and to minimize the impact of COVID-19 on your business. This is the time to be more connected than we have ever been before. The entire global team at Quectel (Quectelers) are here for you, so please don't hesitate to get in touch.
Keep going, stay strong and positive and together we will defeat it.
Chairman and CEO, Quectel