Global smartphone shipments drop 38% in February
Strategy Analytics said on Friday that the global smartphone shipments fell 38% year-over-year during February from 99.2 million devices to 61.8 million. This represents the largest fall in the history of the smartphone market.
According to the report, “demand collapsed in Asia last month, due to the Covid-19 outbreak, and this dragged down shipments across the world. Some Asian factories were unable to manufacture smartphones, while many consumers were unable or unwilling to visit retail stores and buy new devices.”
The research agency stated that in spite of the fact that China is slowly recovering, global smartphone shipments are expected to remain weaker throughout March 2020.
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