Global Smartphone Sales Fell 14 Per Cent in February Due To Coronvirus Spread: Counterpoint

0
Advertisement
  • Apple sold less than 500,000 smartphones in the mainland Chinese market during the month
  • Smartphone makers are facing new supply chain disruptions due to lockdown orders in various countries

Global smartphone sales fell 14 per cent in February due to the coronavirus spread in China and overseas, as per Counterpoint Research. The pandemic made Apple Inc and others shut their China stores in February.

Government data suggests Apple sold less than 500,000 smartphones in the mainland Chinese market during the month. The report also said that China saw a drop of 38 per cent in February from a year earlier. It is showing signs of recovery with many stores re-opening in mid-March.

Jean Park, a senior analyst at Counterpoint said that there are signs of recovery in South Korea too. He added that for other parts of the world, “the worst is yet to come”.

Supply chain disruptions

Smartphone makers are facing new supply chain disruptions due to lockdown orders in various countries. Foxconn, one of Apple’s key suppliers, said it would suspend operations in India in compliance with government orders.

In India, smartphone manufacturers such as Oppo, Vivo, Realme, Apple, Samsung, LG, Motorola, Xiaomi are shutting down their manufacturing plants. Samsung stated that it is shutting down its largest manufacturing facility in Noida. Oppo and Vivo have revealed that they will also shut down their manufacturing plants. They have stopped production at their respective Greater Noida factories. Xiaomi has announced that it is shutting down its Bengaluru plant. LG and Motorola are also closing their manufacturing plants.

LEAVE A REPLY

Please enter your comment!
Please enter your name here