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Smartphone industry declined in Q2 2020
« on: August 26, 2020, 07:46:34 AM »

With COVID-19, the global smartphone industry overall has slowed down as factories and retail stores closed, causing massive delays in the supply chain and sales put in jeopardy. The latest report from TrendForce estimated the global smartphone production reached 268 million units in Q2 2020, resulting in a 16.7% drop YoY compared to the same quarter last year.

Among the top six smartphone brands globally, Samsung was the only brand to see decline in Q2 2020. Of course, Samsung was also the top seller in this quarter. In order starting with the most units sold, the top brands are Samsung, Huawei, Apple, Xiaomi, Oppo, and vivo.

Smartphone industry sees drastic decline in Q2 2020
Samsung’s decline was due to its sales dwindling in markets most affected by COVID-19 including Europe, the Unites States, and India. TrendForce anticipates Samsung will recover market share from Huawei as its US ban and rising tensions between China and India continue to destabilize Huawei’s smartphone business.


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