Chinese smartphone sales chopped in half by Kung Flu

Stefan Mileschin · 11th February 2020, 08:00

Shops still closed

China’s smartphone sales may plunge by as much as half in the first quarter, as many retail shops have closed for an extended period and production has yet to fully resume due to the fast spread of a new coronavirus, according to research reports.

Research firm Canalys said that vendors’ planned product launches will be cancelled or delayed, given that large public events are not allowed in China. Apparently it will take time for vendors to change their product launch roadmaps in China, which is likely to dampen 5G shipments.

Canalys expects China’s smartphone shipments to halve in the first quarter from a year ago.

IDC is a little more optimistic saying that there will be a 30 percent drop.

Apple said last week it is extending its retail store closures in China and has yet to finalise opening dates, as Foxconn, which assembles iPhones, struggles to fully resume factories.

https://fudzilla.com/news/mobile/502...lf-by-kung-flu

11th February 2020, 08:00	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,597	Chinese smartphone sales chopped in half by Kung Flu Shops still closed China’s smartphone sales may plunge by as much as half in the first quarter, as many retail shops have closed for an extended period and production has yet to fully resume due to the fast spread of a new coronavirus, according to research reports. Research firm Canalys said that vendors’ planned product launches will be cancelled or delayed, given that large public events are not allowed in China. Apparently it will take time for vendors to change their product launch roadmaps in China, which is likely to dampen 5G shipments. Canalys expects China’s smartphone shipments to halve in the first quarter from a year ago. IDC is a little more optimistic saying that there will be a 30 percent drop. Apple said last week it is extending its retail store closures in China and has yet to finalise opening dates, as Foxconn, which assembles iPhones, struggles to fully resume factories. https://fudzilla.com/news/mobile/502...lf-by-kung-flu

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