According to the latest report from Counterpoint Research, smartphone sales in China experienced the roughest quarter in recent memory, dropping by 22% compared to Q1 2019 values. As expected the ongoing COVID-19 pandemic is the main reason for weak demand as shipments in February alone declined by 35% YoY. At the same time, tge share of online sales grew to 50%, up from 30% last year.
Huawei was the only OEM to stay afloat during the period with a 6% increase in sales. Apple saw a mere 1% decline while vivo (-27%), Oppo (-30%) and Xiaomi (-35%) suffered significant setbacks. In terms…
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