Coronavirus effect: Global smartphone shipments see biggest fall ever

Since the outbreak of coronavirus in China, in late 2019, it has spread far and wide across the world. Several regional governments have imposed a lockdown of affected areas to contain the spread of the disease.

Due to the COVID-19 pandemic, several factories, which generate millions of jobs are shutdown and stock markets have crashed causing massive financial losses across the world.

In the latest development, global smartphone shipments declined by 38-percent, the biggest fall in the history mobile industry. Around 61.8 million units were shipped in February 2020, compared to 99.2 million units in the same period last year, reported market watchdog Strategy Analytics.