Monday, 4 May 2020

HMD's Nokia smartphones suffer large drop in shipments as market sees largest decline yet

For the first time since early 2014 smartphone makers shipped less than 300 million units in a quarter. This is a sharp 13% drop compared to the shipments of Q1 last year. The analysts at Counterpoint Research note that China was hit hard both in terms of smartphones (down 27% year on year) and smartphone components. This may lead some makers to diversify their supply chains, shifting larger parts to India and Vietnam. The analysts predict a change in consumer behavior - even after the lock-downs are lifted (which will be done gradually), people will prefer more affordable devices bought...

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Author: via Bestsoftpro

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