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8/10, 4:00 PM (Source: TeleTrader)
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IFA's Global Markets event canceled amid pandemic

Internationale Funkausstellung Berlin (IFA) announced on Monday it has canceled one of its key events scheduled to be held in September due to the coronavirus pandemic.

IFA's Global Markets was first organized in 2016 and its launch became "the most important sourcing platform for consumer electronics and digital products in the Consumer Electronics and Home Appliances market in Europe and beyond."

In a press statement, IFA listed "flight restrictions" as one of the main reasons behind mass attendance cancelations by Asian companies. The event has been postponed until 2021.

Breaking the News / AM