Global Smartphone Sales to Decline 12% in 2020 Due to Coronavirus: IDC

Jun. 4, 2020

“What started as a supply-side crisis has evolved into a global demand-side problem. Nationwide lockdowns and rising unemployment have reduced consumer confidence and reprioritized spending towards essential goods, directly impacting the uptake of smartphones in the short term”, said senior IDC research analyst, Sangeetika Srivastava.

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