The coronavirus pandemic continues to wreak havoc and with many consumers following shelter-in-place orders, economic activity has slowed down. This, in turn, has led some employers to lay off or furlough employees, while others have cut pays. As a result, demand is expected to weaken further. And since smartphones are viewed as discretionary items, their shipment will likely suffer too.COVID-19’s impact on US and European consumer spending expected to be severe this quarter
While we have already heard reports that the demand for the Galaxy S20 range pales in comparison to ...
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