Growing 5G demand will drive major 2021 smartphone market recovery

OSTN Staff

The global smartphone market was only one of the major industries to suffer a big and largely unexpected decline in 2020 as a direct consequence of the coronavirus pandemic, but while the COVID-19 threat is projected to linger this year and potentially even beyond that, 2021 should mark the beginning of a beautiful rebound.

The first signs of an imminent recovery showed up during last year’s third calendar quarter, when compared to the same period of 2019, becoming evident in the final three months of 2020, as the year-on-year sales decline further contracted to . In contrast, …

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