MOBILE phone shipments in China nosedived 38.9 per cent year on year in January to 20.8 million units, according to statistics from the China Academy of Information and Communications Technology (CAICT), reported Caixin.
The figure comes after the Chinese New Year holiday and amid the coronavirus outbreak, which has caused the closure of countless handset manufacturing plants and brick-and-mortar stores selling mobile phones.
Earlier this month, several research firms downgraded their first-quarter outlook for China's smartphone market citing the effects of the coronavirus. Both IDC and Strategy Analytics said that the country's smartphone shipments are likely to suffer a year-on-year drop of more than 30 per cent in the first three months of this year due to the epidemic.
WORLD SHIPPING
The figure comes after the Chinese New Year holiday and amid the coronavirus outbreak, which has caused the closure of countless handset manufacturing plants and brick-and-mortar stores selling mobile phones.
Earlier this month, several research firms downgraded their first-quarter outlook for China's smartphone market citing the effects of the coronavirus. Both IDC and Strategy Analytics said that the country's smartphone shipments are likely to suffer a year-on-year drop of more than 30 per cent in the first three months of this year due to the epidemic.
WORLD SHIPPING