Global smartphone market suffers worst contraction in history amid Covid-19 crisis

Global shipments of smartphones fell at the fastest rate on record in the first quarter, illustrating the devastating impact of Covid-19 on consumption and production in this critical segment of the technology industry.Shipments totalled about 275 million in the first three months of the year, according to market trackers Strategy Analytics and IDC, which estimate the decline from the same period in 2019 at 17 per cent and 11 per cent, respectively. Their numbers vary slightly because they…

Read the original article at South China Morning Post