Mobile Phones

Sale of mobile phones suffers a meltdown

The first quarter 2020 for the economy is disastrous, and most accentuated in the area of technology, where the coronavirus has sparked a sharp fall in retail sales of various products.

Within this industry, tech, without a doubt, those who have had to pay for the broken dishes have been the manufacturers of cell phones, according to an analysis of the consulting market to Strategy Analytics , the sales year-on-year of end-users of smartphones plunged 39% in the month of February, while shipments decreased by 38% year-on-year.

A figure that surely will rise over 40% in march, especially taking into account that markets such as Europe, the united States and Latin america were added to this slow-down product of the COVID-19.

Among the main causes for this decrease, the consultant says that is because it interrupted the supply chain and significantly reduced the demand of the consumers.

What says this report is lapidary and leave that yes in the first place to Samsung:

“The global market of smartphones registered a sharp fall this month due to the impact of the outbreak and the spread of COVID in China and more countries. Samsung topped the list of shipments and sales this month, followed by Apple, Xiaomi, Huawei, OPPO and vivo per volume of shipment and sales. This report tracks the monthly shipments of global smart phones (sales), sales (direct selling) and the volume / ratio of the inventory of 31 of the largest supplier in the world from January 2016 to February 2020,” he says.

One of the more decisive is the collapse of Huawei. According to Strategy Analytics, “Xiaomi overtook Huawei in sales and general submissions during this crisis. We suspect that is due in part to the fact that Xiaomi launched its latest flagship in February: the Xiaomi Mi 10”.

Anyway, the figures do not seem auspicious for the second quarter, whereas the trade has started recently to be restricted outside of Asia.

The plus point is that possibly in China, the factories might open in the coming months and resume in something the chain of production.

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