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Wireless

Smartphone shipments drop 20% sequentially in Q1 - IHS

Tuesday 25 June 2019 | 11:52 CET | News
Smartphone shipments sank 20 percent sequentially in the first quarter and are set to drop further in the second and third quarters, pulled down by the standoff between the US and China, the latest study from IHS Markit revealed. Shipments in Q1 slid to 409 million, from 512 million in the fourth quarter. The year-on-year decline went to 9 percent in the first quarter. It is expected to slow somewhat to 8 percent in the second quarter, and then rise to 12 percent in the third.

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Categories: Mobile & Wireless
Countries: World
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