IDC expects global smartphone shipments to fall sharply this year to just 1.2 billion units

As China’s economy has restarted and factories have resumed operations, IDC does not expect China’s smartphone shipments to decline significantly this year.

Affected by the epidemic, global smartphone shipments may drop by 12% this year to only 1.2 billion units.

Recently, market research firm IDC released a report saying that global smartphone shipments may decline sharply this year to 1.2 billion units, a year-on-year decrease of nearly 12%, due to the impact of the epidemic on the economy and the reduction in consumer spending.

In addition, the reduction in shipments will also have an impact on the relevant supply chain, and even disrupt the global supply chain market, which will eventually lead to a decline in the financial performance of leading major smartphone manufacturers such as Apple and Samsung, forming a bad cycle.

However, as China’s economy has restarted and factories have resumed operations, IDC expects that the decline in smartphone shipments in China this year will not be very high, in the single digits.

Sangeetika Sriastava, senior research analyst at IDC, said, “Due to the epidemic, the global unemployment rate is rising, consumers are not confident enough, and they have to buy necessities, smartphones and other products reasonably and first. shipments will be greatly discounted.”

It can be seen that since the outbreak of the epidemic worldwide, Apple alone has closed several offline retail stores, reducing the price of the iPhone 11 in China, and the release of the new low-cost iPhone SE model is also considered by some people as a One of the ways the company is responding to a slump in global smartphone demand.

Relevant statistics show that global smartphone production fell by 10% in the first quarter of 2020. Research firm TrendForce had predicted that global smartphone production in the second quarter of this year would drop by 16.5% year-on-year, the highest decline in history. Not really optimistic.