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Coronavirus Outbreak May Hit Smartphone Components Supply To India Till Q2

Smartphone sales in China may see a 30 per cent drop during the lockdown period which is likely to last through the end of March

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According to Counterpoint's projections, global smartphone sales in the first quarter of this year will also go down seven per cent compared to the same period last year. Wikimedia Commons

The coronavirus outbreak may hit supplies of smartphone components from China to other countries including India at least till the second quarter of this year, suggests a new report.

While smartphone manufacturing has picked up in India over the past few years, the country is still dependent on China to a large extent for supplies of components.

“There will be impact to new devices to be launched in the first half which have facilities in China, as factories will not function properly. Components sourced from China will also be impacted as all factories will resume operation slowly and cautiously,” said Peter Richardson, Research Director, Counterpoint Research.

This will range from displays from BOE Technology, China Star Optoelectronics Technology (CSOT) and semiconductors from YMTC and further on.

“So the negative impact from the supply chain side will last until end of Q2 minimum,” Richardson said.

“Overall we think Q1 and Q2 will show negative growth both globally and in PRC (China) before rebounding,” Richardson said.

According to Counterpoint’s projections, global smartphone sales in the first quarter of this year will also go down seven per cent compared to the same period last year.

Coronavirus
The coronavirus outbreak may hit supplies of smartphone components from China to other countries including India at least till the second quarter of this year, suggests a new report. VOA

“This is our base case scenario. The downside risks are increasing daily and we will likely revisit this forecast based on emerging information over the next days and weeks,” Richardson said.

Smartphone sales in China may see a 30 per cent drop during the lockdown period which is likely to last through the end of March.

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“Some offline retailers are saying they have experienced a 50 per cent drop in sales during the late January period. However there is some sales offset by an increase in online sales,” Richardson said. (IANS)

Next Story

Amazon Plans To Unveil Full-Fledged Cloud Gaming Platform

Amazon may launch an early version of its cloud gaming platform sometime this year if things are in order in the wake of the COVID-19 pandemic

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Amazon
Amazon may launch an early version of its cloud gaming platform sometime this year if things are in order in the wake of the COVID-19 pandemic. VOA

Amazon is reportedly working on a full-fledged cloud gaming platform under the code name Project Tempo, similar to Google’s Stadia and Nvidia’s GeForce Now.

The retail giant has been working on a game called Crucible ever since 2014 and along with that game, the company is going to bring another game called New World, which will be a multiplayer online game and will fit perfectly in the multiplayer game genre, reports The New York Times.

“The big picture is about trying to take the best of Amazon and bringing it to games,” the report quoted Mike Frazzini, Amazon’s vice president for game services and studios as saying.

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Amazon
Amazon is reportedly working on a full-fledged cloud gaming platform under the code name Project Tempo, similar to Google’s Stadia and Nvidia’s GeForce Now. Wikimedia Commons

“We have been working for a while, but it takes a long time to make games, and we’re bringing a lot of Amazon practices to making games,” Frazzini added.

When it comes to cloud-based gaming, Amazon will have to compete with Microsoft and Google. Both of them already have their feet firmly planted in the space, Microsoft with Project xCloud and Google with Stadia.

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Amazon may launch an early version of its cloud gaming platform sometime this year if things are in order in the wake of the COVID-19 pandemic. (IANS)