Coronavirus causes worst smartphone market contraction in history

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Photo by Becca Farsace / The Verge

The coronavirus pandemic has caused the smartphone market to suffer its fastest ever first-quarter year-on-year decline, according to new data from analyst firms. Counterpoint Research and Canalys both put the overall drop in global shipments at 13 percent, though Counterpoint says the drop in China alone was 27 percent while Canalys calculates it at 18 percent.

Whichever numbers you look at, the situation is clear: it’s the first time shipments have come under 300 million since 2014, with a precipitous collapse in China preceding falling demand around the world. “By the end of the quarter, as COVID-19 started to spread to other regions, and lockdowns of varying severity were imposed, the pendulum of disruption started to swing from...

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source https://www.theverge.com/2020/4/30/21243685/coronavirus-smartphone-market-impact-q1-2020-covid-19

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