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Due To Outbreak of Coronavirus, China May Decline 20% in Sales of Smartphones Globally in Q1

As Apple announced a shutdown of its offline stores across China until February 15, the company could face a sales loss of about one million units of iPhones

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Coronavirus
The novel coronavirus (COVID-19), which originated in China's Wuhan area in December 2019 has impacted social and production activities in the country. VOA

In the wake of the novel coronavirus outbreak, sales of smartphones in China may decline 20 per cent in the first quarter of this year, according to an estimate by Counterpoint Research on Thursday.

While companies like Huawei, OPPO and Vivo could suffer the most due to this decline, the impact may be limited on smartphone makers like Xiaomi, OnePlus and Realme “as they are more online-centric and overseas-focused”.

The novel coronavirus (COVID-19), which originated in China’s Wuhan area in December 2019 has impacted social and production activities in the country.

To curb the spread of the coronavirus epidemic, the Chinese government issued a strict travel ban on January 24 following which retail and commerce activities slowed sharply, Counterpoint said.

“Demand-wise, we see the market getting impacted severely. We estimate more than a 50 per cent YoY (year-onyear) decline in offline smartphone sales during the lock-down period. Therefore, we have lowered our sales forecast 20 per cent for Q1,” Brady Wang, Associate Director at Counterpoint Research, said in a statment.

“The situation may worsen and we may lower our forecast even more depending on the February sales. The plummet in Q1 is likely to generate a surge in channel inventories and further influence shipments and new products launches through Q2,” Wang said. The coronavirus outbreak has led to the death of over 1,300 people in China.

“Huawei group is likely to suffer as China has accounted for over 60 per cent of its total smartphones sales. OPPO and Vivo will also be impacted because of their greater reliance on offline sales channels. The influence on sales of Xiaomi, OnePlus and Realme will likely be less severe as they are more online-centric and overseas-focused,” Flora Tang, Research Analyst at Counterpoint Research, said.

Coronavirus
In the wake of the novel coronavirus outbreak, sales of smartphones in China may decline 20 per cent in the first quarter of this year, according to an estimate by Counterpoint Research on Thursday. Pixabay

As Apple announced a shutdown of its offline stores across China until February 15, the company could face a sales loss of about one million units of iPhones.

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“Apple’s new product development plans will also be affected as engineers from the USA and Taiwan cannot travel to China. The iPhone SE2 set for a late March launch is likely to have troubles in ramping up volume due to the insufficient labour force in Foxconn’s Zhengzhou factory,” Mengmeng Zhang, Research Analyst at Counterpoint Research, added. (IANS)

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Indians Spend More Time on OTT Media, Education and Fitness Apps During Coronavirus Lockdown

With the complete lockdown, social media and messaging apps have also seen an instant boom

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OTT platforms like Hotstar, Amazon Prime and Netflix have seen an 82.63 per cent increase in time spent, said the report. Pixabay

With the COVID-19 lockdown keeping most people at home, Indians are now spending more time on over-the-top (OTT) media services and educational and fitness apps than ever, a report said on Wednesday.

After the COVID-19 outbreak in India, video conferencing applications like Zoom, Hangouts, Google Duo, and Houseparty have seen over 71 per cent increase in time spent, with more than 104 per cent increase in active user count, said the report by Gurugram-headquartered tech company Bobble AI.

The findings are based upon the anonymised and aggregated insights collected on Bobble AI platforms post and during the COVID-19 outbreak in India, the company said. While video conferencing desktop and mobile application Houseparty has seen a massive increase of 215.97 per cent in time spent, along with a spike of 8,142.55 per cent in active users, Zoom has seen an increase of 141.69 per cent in time spent, with an 85.43 per cent increase in engagement rate and a 2,542.23 per cent increase in active users, the results showed.

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OTT platforms like Hotstar, Amazon Prime and Netflix have seen an 82.63 per cent increase in time spent, said the report. The Bobble AI data intelligence and analysis revealed that fitness applications like, Lose Weight at Home, Cure.fit, Home Workout has seen a 39.50 per cent increase in time spent with a 14.72 per cent increase in engagement rate, and 104.53 per cent increase in daily active users.

Coronavirus
With the COVID-19 lockdown keeping most people at home, Indians are now spending more time on over-the-top (OTT) media services and educational and fitness apps than ever, a report said on Wednesday. Pixabay

‘Lose Weight at Home’ app has seen a 46.98 per cent increase in time spent, with a 49.33 per cent increase in active users.
Similarly, e-learning platforms like Udemy, Unacademy and Byjus have seen an 82.73 per cent increase in time spent, along with a whopping 122.62 per cent increase in engagement and 25.12 per cent increase in daily active users, said the report.

With the complete lockdown, social media and messaging apps have also seen an instant boom. Applications like Instagram, Facebook, WhatsApp, and Twitter have seen a 46.28 per cent hike in time spent, with a 49.23 per cent increase in engagement and a 29.55 per cent increase in daily active users, said the report.

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There is a 57.64 per cent increase in time on WhatsApp, with a 49 per cent increase in engagement, followed by Instagram with a 50.30 per cent increase in engagement rate, it added. (IANS)