Technext Technext
  • Home
  • Stories
    • Lupin, Bridgerton; Top 5 New Netflix Series to Watch This Week
      Lupin, Bridgerton; Top 5 New Netflix Series to Watch This Week
      3 hours ago 0
      36
    • Samsung Unveils Galaxy S21  Series, Announces Ebuka as Brand Ambassador at its Unpacked Event
      Samsung Unveils Galaxy S21 Series, Announces Ebuka as Brand Ambassador at its Unpacked Event
      6 hours ago 0
      67
    • Bolt Launches Ride-hailing Service in Ado-Ekiti and Bauchi, Now in 14 Nigerian States
      Bolt Launches Ride-hailing Service in Ado-Ekiti and Bauchi, Now in 14 Nigerian States
      7 hours ago 0
      54
    • How to Register Your Company Through the New CAC e-Registration Portal for Businesses and Individuals
      How to Register Your Company Through the New CAC e-Registration Portal for Businesses and Individuals
      11 hours ago 0
      120
    • Ditching WhatsApp for Signal? Here Are 5 Things You Should Know
      Ditching WhatsApp for Signal? Here Are 5 Things You Should Know
      1 day ago 0
      89
    • How to Sell Ethereum, Bitcoin and Tether Instantly  in Nigeria Using Jackocoins
      How to Sell Ethereum, Bitcoin and Tether Instantly in Nigeria Using Jackocoins
      1 day ago 0
      104
    • Ghanaian Fintech OZÉ Raises $700k Seed Capital to Fuel Expansion into Nigeria
      Ghanaian Fintech OZÉ Raises $700k Seed Capital to Fuel Expansion into Nigeria
      1 day ago 0
      122
    • With Huge Investments into African Originals, are Netflix and Showmax Taking too Big a Risk?
      With Huge Investments into African Originals, are Netflix and Showmax Taking too Big a Risk?
      1 day ago 0
      63
    • HostNowNow Releases New Staging Server that Enables Users Test Softwares and Prelaunch Web Projects
      HostNowNow Releases New Staging Server that Enables Users Test Softwares and Prelaunch Web Projects
      2 days ago 0
      69
  • Features
    • 5 Tips to Make Your Business More Popular on Social Media
      5 Tips to Make Your Business More Popular on Social Media
      2 days ago 0
      102
    • Analysts Forecast Bitcoin to Hit $100k in 2021, But is This Really a Good Time to Start Buying?
      Analysts Forecast Bitcoin to Hit $100k in 2021, But is This Really a Good Time to Start Buying?
      3 days ago 0
      254
    • Top 5 Most In-Demand Tech Jobs for 2021 — and Skills Required for them
      Top 5 Most In-Demand Tech Jobs for 2021 — and Skills Required for them
      1 week ago 0
      310
    • Financial Strategies for Surviving 2021 with Ayo Akinmade, Vice Chairman, Regus
      Financial Strategies for Surviving 2021 with Ayo Akinmade, Vice Chairman, Regus
      1 week ago 0
      295
    • ‘Expect Aggressive Expansion in 2021’- PlentyWaka’s Johnny Enagwolor on Surviving 2020 and What the Future Holds
      ‘Expect Aggressive Expansion in 2021’- PlentyWaka’s Johnny Enagwolor on Surviving 2020 and What the Future Holds
      2 weeks ago 0
      346
    • After a Poor 2020, Here are the Top Cinema Trends to Watch Out for in 2021
      After a Poor 2020, Here are the Top Cinema Trends to Watch Out for in 2021
      2 weeks ago 0
      297
    • “How we survived 2020” with Fehintolu Olaogun, CEO, CredPal
      “How we survived 2020” with Fehintolu Olaogun, CEO, CredPal
      2 weeks ago 0
      329
  • Reviews
    • Lupin, Bridgerton; Top 5 New Netflix Series to Watch This Week
      Lupin, Bridgerton; Top 5 New Netflix Series to Watch This Week
      3 hours ago 0
      36
    • Samsung Unveils Galaxy S21  Series, Announces Ebuka as Brand Ambassador at its Unpacked Event
      Samsung Unveils Galaxy S21 Series, Announces Ebuka as Brand Ambassador at its Unpacked Event
      6 hours ago 0
      67
    • Ditching WhatsApp for Signal? Here Are 5 Things You Should Know
      Ditching WhatsApp for Signal? Here Are 5 Things You Should Know
      1 day ago 0
      89
    • HostNowNow Releases New Staging Server that Enables Users Test Softwares and Prelaunch Web Projects
      HostNowNow Releases New Staging Server that Enables Users Test Softwares and Prelaunch Web Projects
      2 days ago 0
      69
    • Samsung Unveils Galaxy A12, A02 and A02s, Announces Joeboy as Brand Ambassador
      Samsung Unveils Galaxy A12, A02 and A02s, Announces Joeboy as Brand Ambassador
      2 days ago 0
      116
    • Tech Events this Week: CES 2021, Samsung Galaxy S21 Unpacked and Others
      Tech Events this Week: CES 2021, Samsung Galaxy S21 Unpacked and Others
      4 days ago 0
      118
    • Global Tech Roundup: Bitcoin Price Crosses $40,000 for the First Time Ever
      Global Tech Roundup: Bitcoin Price Crosses $40,000 for the First Time Ever
      1 week ago 0
      250
  • Women in Tech
  • Videos
  • Contact Us
Go to...

    Global Smartphone Shipment Suffers Huge Decline in Q1 2020 Due to Covid-19

    Oluwadamilare AkinpeluOluwadamilare Akinpelu
    9 months ago
    Global Smartphone Shipment Suffers Huge Decline in Q1 2020 Due to Covid-19

    For the first time ever, Global smartphone shipments for Q1 suffered its worst decline ever. This sees the mobile sector join the list of industries affected by the COVID-19 pandemic.

    According to International Data Corporation’s (IDC) report, smartphone makers shipped 275.8 million devices between January to March 2020, which indicates an 11.7% drop year-on-year as well as its largest annual decline ever.

    IDC: Worldwide Smartphone Market Suffers Its Largest Year-Over-Year Decline – https://t.co/CFgnq35qB8 pic.twitter.com/1tNTN8tloj

    — MSPoweruser (@mspoweruser) May 1, 2020

    This drop was not unexpected. The first quarter of 2020 was when COVID-19 began to spread from China to most parts of the world. This led to lockdown in most of the world’s major smartphone markets like China, Northern Europe and the US.

    The spread of the novel coronavirus and eventual lockdown led to disruptions in several parts of the smartphone market. Since there’s a global dependency on smartphone production in China, and factories were closed and unable to manufacture for most parts of Q1 2020, there was a disruption in the production chain for smartphones.

    As a result, China suffered the largest regional decline in Q1 2020, about 20.3% YoY. And since China constitutes almost a quarter of worldwide shipments, the decline had a huge impact on the overall market. Other markets like the U.S. and Western Europe dropped 16.1% and 18.3%, respectively.

    The demand crash for consumer goods is global. https://t.co/QEr7ipvsFG @chigrl @DiMartinoBooth @dlacalle_IA @Amdalleq @Schuldensuehner @JacksonStewal @Dioclet54046121 @nasanasal

    — Roman Wenzl (@RomanWenzl) May 1, 2020

    With most parts of the world locked down with an attendant clampdown on shipments of goods, except for essentials, the supply chain was also disrupted.

    Regions like Africa, with most of its consumer devices imported from China, the disruption to supply chains is said to have had a severe impact on this region, with as much as 15.4% expected QoQ decline in Q1 2020.

    Also it is good to note that during the first quarter, many consumers were unable or unwilling to visit retail stores and buy new devices in many markets due to lockdown/quarantine directives. Even Apple and other smartphone makers shut down their retail stores in some markets.

    Samsung Back as the Market King

    In Q1 2020, Samsung shipped 58.3 million smartphones and regained its top position with a 21.1% share of the market – despite an 18.9% YoY decline. This could be associated with the continued success of its A-series and the recent launch of its flagship device, the Galaxy S20.

    Huawei held the number two position with a 17.8% share of the global smartphone market, with a 17.1% decline year over year. Apple comes third, shipping 36.7 million iPhones in Q1, with a 13.3% market share.

    Global Smartphone Shipment Suffers Huge Decline in Q1 2020 Due to Covid-19

    Interestingly, the smartphone maker only suffered a 0.4% decline YoY, the lowest amongst the top 3 makers. This is largely associated with the continued success of its iPhone 11 series.

    Xiaomi’s market share surpassed 10% for the first time with year-over-year growth of 6.1% while Vivo returned to the Top 5 in Q1 2020 with 9% market share and 7% year-over-year growth – the largest growth of the top 5.

    Moving Forward

    According to the research firm, Canalys the speed of recovery for the smartphone market this year might be slow. With an expected rise in job losses in other sectors, the consumer’s spending power will most likely drop.

    Even though smartphones have become somewhat of a necessity, consumers might not be ready to dole out $1000+ on new devices. This will see them opt for other lower-cost devices like the new iPhone SE for example. As such companies like Samsung and iPhone that have plans to launch high-end devices this year might want to reconsider their outlook for 2020.

    Also, this could see consumer habits in some markets change as consumers would likely prefer to purchase new phones online rather than using retail stores.


    If you’d like to get featured on our Entrepreneur Spotlight, click here to share your startup story with us.


    SUBSCRIBE

    Get latest Technology news, reviews, business-related content with a deliberate emphasis on the African narrative and insightful analysis in Nigeria – straight to your inbox.


    Comments

    Share :
    • Facebook
    • Twitter
    • Google+
    • Pinterest
    • Linkedin
    • Email
    Oluwadamilare Akinpelu

    Oluwadamilare Akinpelu

    Oluwadamilare Akinpelu is a lover of the Tech World. He is a calm person and also a protean writer.

    #COVID-19 Blues: IROKOtv Drops 83 Employees in Nigeria, Slashes Salaries of Others
    Next article
    #COVID-19 Blues: IROKOtv Drops 83 Employees in Nigeria, Slashes Salaries of Others
    Digital Encode Becomes NITDA Data Protection Compliance Organisation Licensee
    Previous article
    Digital Encode Becomes NITDA Data Protection Compliance Organisation Licensee

    Related Posts

    • Reviews, Stories 3 hours ago

      Lupin, Bridgerton; Top 5 New Netflix Series to Watch This Week

      Lupin, Bridgerton; Top 5 New Netflix Series to Watch This Week
      Reviews, Stories 6 hours ago

      Samsung Unveils Galaxy S21 Series, Announces Ebuka as Brand Ambassador at its Unpacked Event

      Samsung Unveils Galaxy S21  Series, Announces Ebuka as Brand Ambassador at its Unpacked Event
      Stories 7 hours ago

      Bolt Launches Ride-hailing Service in Ado-Ekiti and Bauchi, Now in 14 Nigerian States

      Bolt Launches Ride-hailing Service in Ado-Ekiti and Bauchi, Now in 14 Nigerian States
    • Stories 11 hours ago

      How to Register Your Company Through the New CAC e-Registration Portal for Businesses and Individuals

      How to Register Your Company Through the New CAC e-Registration Portal for Businesses and Individuals
      Reviews, Stories 1 day ago

      Ditching WhatsApp for Signal? Here Are 5 Things You Should Know

      Ditching WhatsApp for Signal? Here Are 5 Things You Should Know
      Stories 1 day ago

      How to Sell Ethereum, Bitcoin and Tether Instantly in Nigeria Using Jackocoins

      How to Sell Ethereum, Bitcoin and Tether Instantly  in Nigeria Using Jackocoins

    Bitcoin Recent Prices

    Brandest

    Sign up for Newsletters

    Popular News

    • MainOne to Expand its Services in Africa with New Data Centre to be Launched in Abidjan
      MainOne to Expand its Services in Africa with New Data Centre to be Launched in Abidjan
      April 30, 2019 0
    • GIG Logistics’ New GIGGO App Makes Delivery Seamless and Provides Income-Generating Opportunities for Nigerians
      GIG Logistics' New GIGGO App Makes Delivery Seamless and Provides Income-Generating Opportunities for Nigerians
      November 6, 2019 0
    • Tech Events This Week: Y!Tech100, AR/VR Abuja Meetup, Africa Fintech Summit and Others
      Tech Events This Week: Y!Tech100, AR/VR Abuja Meetup, Africa Fintech Summit and Others
      November 18, 2019 0
    • Tech Events in Africa: ISPON Roundtable, Telos Blockchain Meetup and Africa Future Summit
      Tech Events in Africa: ISPON Roundtable, Telos Blockchain Meetup and Africa Future Summit
      December 9, 2019 0
    • Five Incredible Things We Noticed About the Zenbook Pro Duo
      Five Incredible Things We Noticed About the Zenbook Pro Duo
      7 months ago 0

    Follow Us

    Latest Tweets

    • technextdotng New post: Lupin, Bridgerton; Top 5 New Netflix Series to Watch This Week https://t.co/dyJYaTtsD4
      about 3 hours ago
    • technextdotng New post: Samsung Unveils Galaxy S21 Series, Announces Ebuka as Brand Ambassador at its Unpacked Event https://t.co/M2Inp3vat3
      about 6 hours ago
    • technextdotng RT @jwage2: How to Sell Ethereum, Bitcoin and Tether Instantly in Nigeria Using Jackocoins - https://t.co/9kAYJdtiHH via @Technextdotng
      about 7 hours ago
    • technextdotng Ride-hailing company, Bolt has announced the launch of its e-hailing service in Ado-Ekiti and Bauchi states as it c… https://t.co/8hNQj5XrCx
      about 7 hours ago

    Instagram

    technextdotng

    Technext.ng is the go-to site for news, reviews and insightful analysis in the Nigerian tech space.
    http://ow.ly/ayTM30mSlGS

    Our recent poll result shows that most of our vote Our recent poll result shows that most of our voters (and WhatsApp users) are unfazed by the new policy update and won't be leaving the platform.

Will you?
#WhatsApp #Policy
    50% of our voters think #bitcoin will surpass $100 50% of our voters think #bitcoin will surpass $100k this year?

Do you think so?
#Cryptocurrency #Crypto
    Live at the new @samsung_nigeria A Series launch. Live at the new @samsung_nigeria A Series launch.

And yeah, @joeboyofficial pon deck!

Tag when you see him.

#Samsung #samsunggalaxy #smartphone #Nigeria
    While talking, do not forget to start doing that s While talking, do not forget to start doing that same thing.
It’s just like putting what you are saying into practice.

Let’s just say THEORY/PRACTICAL
#WeAreTechNext #MondayMotivation
    Wealth, good health, incredible relationships, are Wealth, good health, incredible relationships, are all available to you. But you have to pay the price to have these things. 

#WeAreTechnext #MondayMotivation
    A New Year marks the beginning of a fresh start, t A New Year marks the beginning of a fresh start, there would be new hopes, new resolutions, a new spirit.

Have a promising and fulfilling New Year!
#WeAreTechnext #HappyNewYear
    Load More... Follow on Instagram

    Random News

    • Imo Slashes RoW Charge From N4,500 to N145 Per Metre Becoming the Latest State to Do So
      Imo Slashes RoW Charge From N4,500 to N145 Per Metre Becoming the Latest State to Do So
      8 months ago 0

      In a new announcement, the Governor of Imo State, Sen Hope Uzodimma has signed an executive order that slashes the ...

      Read More
    Copyright 2020 technext.ng | Privacy Policy | Media Policy