Published: Mon, March 23, 2020
Electronics | By Kelly Massey

Smartphone sales plummet amid coronavirus outbreak

Smartphone sales plummet amid coronavirus outbreak

Hope You Like "Smartphone shipments registered their biggest drop ever in February" From BollyInside. The main reason is said to be the outbreak of the COVID-19 virus, that has led to shortages in the supply chain and also seen a decrease in consumer demand.

You likely knew that smartphone demand would fall during the COVID-19 pandemic when Apple and others were warning of shortages, but it's now clearer just how bad the damage was.

In a development that shouldn't come as a surprise to anybody, global smartphone shipments in February dropped by 38% year-over-year, according to a new report from Strategy Analytics.

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February 2020 noticed the most important autumn ever earlier than within the background of the around the globe smartphone market. Even amid reports that factories in China are slowly but surely returning to normal production capacity, buying a new smartphone is probably the last thing most people think about. This decline within the smartphone market is such that it will probably by no means be forgotten. "It is a period the smartphone industry will want to forget", said Neil Mawston, Executive Director at Strategy Analytics.

This February, worldwide shipments received to 61.eight million items, standing for a 38% dropYoY February 2019 noticed 99.2 million items delivered in contrast. Now, Strategy Analytics has presented the latest numbers for smartphone sales in the past months, and Huawei has lost its place in the podium, and now Xiaomi takes the third place. "Despite tentative signs of recovery in China, we expect global smartphone shipments overall to remain weak throughout March, 2020". Meanwhile, millions of consumers that might consider a new phone are in lockdown and are unable or unwilling to visit stores. "The smartphone industry will have to work harder than ever to lift sales in the coming weeks, such as online flash sales or generous discounts on bundling with hot products like smartwatches."Apple, for its part, has reopened its stores in China but has closed all its retail locations outside the Asian country, indefinitely".

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