Entering the new coronavirus epidemic crisis again in 2020, in addition to affecting everyone’s daily life, in fact, it will cause a considerable shock to the mobile phone market. Recently, research companies have pointed out that the Chinese smartphone market will decline by 30% in Q1 It will be the most serious one. Must Read: OnePlus 8, OnePlus 8 Pro shown on Amazon India website!
According to the latest report published by Strategy Analytics, affected by the new coronavirus, the global smartphone market will decline by 2% in 2020. As for the Chinese smartphone market, it will decline by 5% than expected, and it will decline by more than 30% in the first quarter. Although 5G mobile phones can change the smartphone market, the first quarter of each year is the traditional off-season. According to IDC, the global smartphone shipments in the first quarter of 2019 were 310 million units, a decline of 6.6% over the same period. China ’s mobile phone market shipped 88 million units, down 3% over the same period. Also Read: Samsung Galaxy Note 10 Lite Sales Started in India
In addition to the original fall this year, and the impact of the epidemic, the decline in the first quarter is expected to reach 30%, and shipments will decrease by 25-30 million smartphones. I believe that HUAWEI, Xiaomi, OPPO, Vivo, APPLE and SAMSUNG will only make matters worse. The impact is just the beginning, and things will get worse in the coming months.