Wednesday, 29 July 2020

After 15% decline in sales in H1 2020 Chinese makers could lose more in H2

Smartphone manufacturers from China are on a path to report a double-digit decline in H2 2020, Digitimes Research predicts. While the first half was turbulent due to the arrival of COVID-19, the second one will also show little improvement due to the overall economic situation and the persistence of the pandemic in some major markets. The Top 4 vendors from China - Huawei, Oppo, vivo, and Xiaomi - reported 82.3% of their total sales at home due to the export constraints where users simply couldn’t afford a new smartphone in these turbulent times. Looking at the quarterly results,...

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