Smartphone shipments to be subdued in Q2 2021: IDC India
The ongoing rise in Covid-19 infections does not bode well for the domestic smartphone market as analysts expect the disruptions caused could dampen consumer sentiment, which in turn could lead to subdued shipments during April-June.
According to IDC India, while the vaccine rollout at the start of 2021 instilled positive sentiment, the second wave of infections towards the end of March resulted in subdued consumer demand. Thus, the inventory cycle which had shrunk earlier in H2 2020 started to get longer since mid-Q1 2021.