Uncertainty is hovering around the world concerning where the COVID-19 epidemic could spread to. The uncertainty is expected to affect the overall mobile phone shipment recovery for the year 2020. Research firm IDC is anticipating a 2.3% decrease, down to 1.3 billion shipments. The main portion of 2020 will see a decrease of 10.6% YoY, with the market, anticipated to just make up ground in the second half with accelerated 5G endeavours.
China is attempting to recuperate from its interest stun that was made by the flare-up. IDC is figuring a multi-quarter development for the business in China as Chinese specialists progressively come back to industrial facilities in the midst of continuing transportation challenges. The Chinese government’s efforts to give incentives and bonuses will help improve the circumstance during the later quarters of the year, however, only real smartphone shipments will reveal how well the market is rebounding.
Another issue for major phone manufacturers is that the months of February and March usually are usually periods when most of the market leaders release their flagship product. That is already being affected by the outbreak. In addition, a lot of final pre-production tests and product debugging has also been delayed, creating potential problems for the handsets that are slated for release in the second half of the year.
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