One in three smartphone users will cut their spending on their next device by a fifth or more, the technology analyst firm Counterpoint Research says, adding that this was due to the reduction in economic activity across the globe due to the COVID-19 pandemic.
Huawei has taken the biggest hit to its smartphone sales in Europe among the top vendors, probably due to the sanctions placed on it by the US, the technology analyst firm Counterpoint Research says.
Smartphone sales to end users fell globally by 20.2% in the first quarter of 2020 year-on-year, the technology research firm Gartner says, attributing this decline to both the lockdown and the economic uncertainty caused by the coronavirus pandemic.
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