Big customers of QT are Car Companies. And they are affected a lot. However, it is very early to see this impact in a second or third layer company like QT. On the other side, it could be good management (thinking forward).

But I agree with you. They are most likely executing now an old plan under Corona cover.

A lot of tech companies have clients who are significantly affected by Corona

And all of them have cancelled their license contracts in the last days or announced that they will not buy any more licenses after Corona?