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Personal Finance News Releases
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(MoneyNewsWire.Net, September 07, 2015 ) Wilmington, Delaware -- However, for businesses like Stunning Gadgets it's just another day at the office because the crisis does not affect it in any way. The big reason being that Stunning Gadgets manufacturing, sales, and distribution is all handled in house since the introduction of the Pocket Chain saw. Nothing is outsourced to China, Hong Kong or any other Asian city. So, the financial crisis has no effect on production, stock price value or any other aspect of the business. If anything the company is taking advantage of competitors not being able to fulfill orders in time owing to the lag at Chinese manufacturing facilities.
China is one of the biggest manufacturers and exporters for everything from leather goods, to the iPhone 6. However, when financial markets are hit by situations like the ones experienced over the past couple of days things can slow down to a crawl. The overall sentiment is that of uncertainty and so big businesses like Samsung, Apple, Microsoft among many others may hold off further investment or start pulling out. This has an overall cascading effect on the industry. So, businesses like Stunning Gadgets that get everything manufactured locally benefit from the fact that competitors are unable to respond to customers. Keep in mind that even quality can be affected according to many experts. This means that Stunning Gadgets has a very real chance of outdoing the competition as long as the markets do not re-stabilize.
"We are certainly competing with businesses that get most of their survival gear and electronics manufactured in China. We opted to do everything locally to ensure that we could control the quality and the output. That said exactly how much we benefit from the unfortunate economic crisis in China is still not clear. But we know for sure that our ordering mechanism and our manufacturing is not affected in any way. Even our sales is going great for the past couple of weeks partly because of the crisis in China that our competitors are finding it hard to cope with." Said the CEO for Stunning "If the crisis does have a drastic effect it is going to reflect in our third and fourth quarter report."
Stunning Gadgets manufacturing is probably one of the most expensive in the industry within the survival kit. However, the company's top executives have defended the cost by emphasizing on quality. As a survival gear company quality and durability are two of the biggest selling points especially since people in the industry care little about price.
About Stunning Gadgets
Stunning Gadgets is a company that sources various products from all over the world. Its objective is to provide niche consumers with the best products manufactured in the top facilities worldwide using the finest materials available.
Stunning Gadgets combines the highest quality materials with innovation and a great warranty ensuring that people get the highest return on their investment. This approach has made Stunning Gadgets one of the leaders in the phone gadgets industry.
Stunning Gadgets
Stuart Cronshaw
1-888-843-0268
media@stunninggadgets.com
Source: EmailWire.Com
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