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The Financial Express

Global smartphone sales fell 14pc in February as virus spread

Worst is yet to come, says an expert


Reuters | Published: March 26, 2020 13:14:10 | Updated: March 29, 2020 19:16:09


People wearing protective masks look at phones at an electronic retailer in Beijing, China on March 25, 2020 — Reuters photo People wearing protective masks look at phones at an electronic retailer in Beijing, China on March 25, 2020 — Reuters photo

Global smartphone sales tumbled 14 per cent in February as the coronavirus spread in China and overseas, Counterpoint Research said on Thursday, a likely harbinger of more declines as outbreaks worsen in many parts of the world.

The outbreak prompted Apple and other smartphone makers to shut their China stores in February and government data suggests Apple sold less than 500,000 smartphones in the mainland Chinese market during the month.

China, which saw sales drop 38 per cent in February from a year earlier, is now showing signs of recovery with many stores re-opening in mid-March.

There are also signs of recovery in South Korea, but for other parts of the world, “the worst is yet to come,” said Jean Park, a senior analyst at Counterpoint.

Smartphone makers are facing new supply chain disruptions as more countries impose lockdown orders. On Tuesday, Foxconn, one of Apple’s key suppliers, said it would suspend operations in India in compliance with government orders.

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