PHOTO: REUTERS
World smartphone gross sales tumbled 14% in February because the coronavirus unfold in China and abroad, Counterpoint Analysis stated on Thursday, a probable harbinger of extra declines as outbreaks worsen in lots of elements of the world.
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The outbreak prompted Apple and different smartphone makers to close their China shops in February and authorities knowledge suggests Apple offered lower than 500,000 smartphones within the mainland Chinese language market in the course of the month.
China, which noticed gross sales drop 38% in February from a 12 months earlier, is now displaying indicators of restoration with many shops re-opening in mid-March.
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There are additionally indicators of restoration in South Korea, however for different elements of the world, “the worst is yet to come,” stated Jean Park, a senior analyst at Counterpoint.
Smartphone makers are dealing with new provide chain disruptions as extra nations impose lockdown orders. On Tuesday, Foxconn, one in every of Apple’s key suppliers, stated it could droop operations in India in compliance with authorities orders.
