(Reuters) — Global smartphone gross sales tumbled 14% in February because the coronavirus unfold in China and abroad, Counterpoint Research mentioned on Thursday, a probable harbinger of extra declines as outbreaks worsen in lots of components of the world.
The outbreak prompted Apple and different smartphone makers to close their China shops in February and authorities knowledge suggests Apple offered lower than 500,000 smartphones within the mainland Chinese market throughout the month.
China, which noticed gross sales drop 38% in February from a yr earlier, is now displaying indicators of restoration with many shops re-opening in mid-March.
There are additionally indicators of restoration in South Korea, however for different components of the world, “the worst is yet to come,” mentioned Jean Park, a senior analyst at Counterpoint.
Smartphone makers are dealing with new provide chain disruptions as extra nations impose lockdown orders. On Tuesday, Foxconn, one in all Apple’s key suppliers, mentioned it will droop operations in India in compliance with authorities orders.
(Reporting by Josh Horwitz and David Kirton; Editing by Edwina Gibbs)