(Reuters) — World smartphone gross sales tumbled 14% in February because the coronavirus unfold in China and in another country, Counterpoint Analysis stated on Thursday, a most likely harbinger of extra declines as outbreaks irritate in lots of portions of the sector.
The outbreak caused Apple and different smartphone makers to close their China retail outlets in February and govt knowledge suggests Apple offered lower than 500,000 smartphones within the mainland Chinese language marketplace all over the month.
China, which noticed gross sales drop 38% in February from a 12 months previous, is now appearing indicators of restoration with many retail outlets re-opening in mid-March.
There also are indicators of restoration in South Korea, however for different portions of the sector, “the worst is but to come back,” stated Jean Park, a senior analyst at Counterpoint.
Smartphone makers are going through new provide chain disruptions as extra international locations impose lockdown orders. On Tuesday, Foxconn, one in all Apple’s key providers, stated it might droop operations in India in compliance with govt orders.
(Reporting through Josh Horwitz and David Kirton; Modifying through Edwina Gibbs)