Global smartphone gross sales dropped by 14% in February because of Coronavirus

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Global smartphone sales dropped by 14% in February due to Coronavirus
The international Coronavirus epidemic has affected all kinds of companies in a technique or one other and the cellular market isn’t any completely different. It began with the cancelation of bodily launch occasions which have been both postponed, moved to an online-only convention or utterly scrapped altogether. Now, a brand new Counterpoint Research report has talked about Coronavirus’ impact on smartphone gross sales world wide.

The report mentions that the international smartphone market noticed a dip of 14% in smartphone gross sales in February 2020. It is the time when the Coronavirus outbreak was spreading in China in addition to throughout completely different different international locations. Apple is claimed to have offered solely 500,000 items in mainland China because it determined to close down Apple shops to cut back mass gatherings.

It doesn’t supply information for every OEM however says {that a} 38% drop was registered in China when in comparison with gross sales in February final yr. The good factor is that the Chinese smartphone market is claimed to be displaying indicators of restoration. This ought to end in at the very least some progress in gross sales if not a big enchancment. The expectation relies on the truth that many shops have began to re-open within the nation.

Jean Park, a Senior Analyst at Counterpoint, has mentioned South Korea is one other market that’s bettering however didn’t supply any numbers or information. He additional added that “the worst is yet to come” for different components of the world as they’re seeing increasingly circumstances of Coronavirus.

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