Saturday, 29 February 2020

Worldwide Smartphone Shipment to Decline by 2.3% due to Coronavirus


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We do not know how long the coronavirus will last and how many countries will be affected, but the epidemic is beginning to affect the global recovery of smartphone shipments for 2020.
Worldwide Smartphone Shipment to Decline by 2.3% due to Coronavirus

According to the IDC report, The first half of 2020 will see a decline of 10.6% YoY, with the market predicted to only make up ground in the second half with accelerated 5G efforts.

The outbreak is currently affecting the Chinese economy and they are trying to recover from the shock. IDC is calculating a multi-quarter growth for the industry in China as Chinese workers gradually return to factories amidst persisting transportation challenges.

February and March are usually the time some flagship models normally launch but it has already been affected by the outbreak of the disease. With this in mind, IDC predicted that smartphone shipment will be affected this year and I guess you know what it will mean to manufacturers, Loses.





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