The COVID-19 (Novel Coronavirus or nCoV) outbreak can derail the plans of Chinese smartphone makers as the lockdown to contain the virus continues. We expect China smartphone sales to drop over 20% in Q1 2020. The impact of nCoV could be much severe than one would expect.
Smartphone vendors heavily rely on components from China, and with the lockdown, the supply chain has been affected too. In this podcast, we discuss the impact of Coronavirus on the smartphone industry. We have covered topics such as the challenges faced by smartphone makers, the companies that will be affected the most, and our revised sales figures for 2020.
Our Research Director Tom Kang shares his views on the effects of Coronavirus on China Smartphone Sales.