Worldwide smartphone shipments fall below 300 million, down 11.7% YoY in Q1 2020 due to COVID-19

Worldwide smartphone shipments decreased 11.7% year over year in Q2 2020, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. In total, companies shipped a 275.8 million smartphones during quarter making this is the largest annual (year over year) decline ever and the first time smartphone market has fallen below 300 million units in a quarter since Q2 2014. This is mainly due to COVID-19 pandemic and the peak of the lockdowns in China, which extended to the rest of the world by the end of the quarter. Continue reading “Worldwide smartphone shipments fall below 300 million, down 11.7% YoY in Q1 2020 due to COVID-19”