Initial impact of coronavirus on the smartphone industry is clear but there’s more to come

The coronavirus outbreak is moving across the world like an avalanche. Factories shutting down turned to stores closing and eventually whole cities going into lock-down. It was inevitable that this will impact the economy but now we have some more data about how bad the drop actually was.

The research agency Counterpoint has shared some data with about how bad February was for the smartphone industry. The verdict? A 14% drop in sales globally. While that probably isn’t as bad as you expected, keep in mind that the data is for February when most of the world was still doing business as usual. ...