Friday, May 1, 2020

Canalys: Demand for new phones has been crushed in Q1 2020

Earlier today we received a report from Counterpoint Research, and now we have Canalys' own readings of the market performance. The results look similar - 13% total decline and under 300 million shipped units, but executives at the agency revealed "the impact on the smartphone channels is colossal". According to Canalys analyst Shengtao Jin, few smartphone vendors managed to withstand the impact of the global pandemic on the economic situation. Samsung, Apple, and Huawei recorded some losses, while Xiaomi managed to increase its volume 9% on a yearly basis. Vivo also recorded a slight...

via shopmatrix

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