the Names such as Samsung and Sony, and the latest in equipment, technical mastery, and has more than 100,000 visitors from all over the world, this year it wasn’t to be that way. On Wednesday, it was the Mobile World Congress (MWC), the largest of the techbeurs in Europe, called off because of concerns about the corona virus. This is a major, and sometimes catastrophic, consequences for the parties involved.

Earlier in the week and made a great tech such as Sony, Amazon, SAMSUNG, and Ericsson are all well known out of fear of the virus will not be able to travel to Barcelona, spain, where the show was to take place. Samsung was apprehensive about participating in it, but in all of rap, followed, Facebook, and Intel, as well.

Shortly after that, decided to organiser GSMA at this year’s power cord from the plasma to pull it. The CEO, John Hoffman of the GSMA wrote in a statement that, in the case of the virus, it is “impossible” for the event to take place.

the name of the smaller players and start-ups are greatly affected by the cancellation. So says Di Mauro, the founder of a start-Connectlab to the BBC that the situation was a “nightmare” it is. His company had about 50 000 euros has been spent on the stock market, what is the start-up of a lot of money. However, it is the lack of contact with the customer to be at least as detrimental: “It is so much more than just a trade show, it is to be a meeting place for everyone in the industry,” he explains to the British news agency.

For all major brands such as Nokia and LG, will take it is expected to be longer for them to get their new products on the market. Sony has an online conference planned for the 24th of February, in the place of a public announcement. Furthermore, much of the data is unknown.

you may Also use a local on tap, the damage is good. This way, in the city of Barcelona is estimated at about 500 million euros, mis, reports, Reuters. The visitors of the fair with hotel accommodation, netwerkdiners, and the transport will go to benefit the local economy. Some of the hotels are in one fell swoop, 90% of their bookings are lost; and the hospitality industry estimates that the loss of 40 million euros.

finally, The organisation calls on the participating companies, in order, the cancellation charge for its own account, as it is for there to be cases of force majeure. But the Spanish authorities would not agree with that; there would not be any circumstances in which cancellation is needed. Well health organization WHO and can’t find it in the text.

The organization of the CONGRESS would be for the authorities to have insisted on the declaration of a state of emergency, so that a claim could be made on the insurance policy. Since this is not possible, all contracts with participating businesses, are separately reviewed.

in Addition to the consequences for the participants, and the city of Barcelona, and with it, will be the organizer GSMA, according to analyst Ben Woods, CCS Insights ‘ should be on the lookout for a knock-on effect. “A lot of the smaller companies will have to rethink whether they will be there next year, after they have been in vain, as much as costs are incurred.”

Also, the big companies will have their best interest at mobile world CONGRESS may have to re-watch it. The larger techspelers like Samsung is finally set up, often have their own events to present their new products to the market. “GSMA will have to work hard in order to have a clear way forward to make”, says Woods.