Smartphone shipment in India will fall 10 pc this year, says industry research
New Delhi: Smartphone shipment in the country is expected to decline by 10 per cent in 2020 due to the coronavirus pandemic, according to Counterpoint Research.
The January-March quarter saw smartphone shipment growing at modest 4 per cent with over 31 million units.
The report said January and February shipment grew annually due to new launches and aggressive promotions, but a steep 19 per cent decline in March – due to COVID-19 outbreak – restricted overall growth in the quarter to just 4 per cent.
The government has imposed a nationwide lockdown till May 3 and “any signs of recovery will likely only start from the third quarter onwards”, Counterpoint said.