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Friday, March 29, 2024

Smartphone sales collapse amid pandemic

Sales of new phones have collapsed in the biggest fall since the invention of the smartphone.

Research firm Strategy Analytics said shipments in February fell by 38% year-on-year.

The outbreak of the coronavirus in China had a huge impact, report author Linda Sui said.

“Some Asian factories were unable to manufacture smartphones, while many consumers were unable or unwilling to visit retail stores and buy new devices,” she said.

The report said that smartphone shipments dropped from 99.2 million in February 2019 to 61.8 million in February 2020.

February was set to be a big month for the phone industry, with its major annual Mobile World Congress showcase, where many new phones are unveiled for the first time.

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