Global smartphone shipments expected to decline by 3.1% in 2019

5 Юни 2019, 07:09:56

Global smartphone shipments expected to decline by 3.1% in 2019On May 28 2019, Canalys unveiled its forecast for global smartphone shipments in 2019. Five days later, the agency corrected its forecast and lowered the expected figure to 1.35 million units - this is a 3.1% decline in year-on-year basis. This is due to the high level of uncertainty in this market at present and mainly with the US-China trade war. Canalys expects that the limitations set on Huawei will become even more strict after the 90-day gratis period expires. It is hard to predict whether and when an eventual settlement between the two biggest economies in the world will happen.

"It is important to note that market uncertainty is clearly prompting vendors to accelerate certain strategies to minimize the short- and long-term impact in a challenging business environment, for example, shifting manufacturing to different countries to hedge against the risk of tariffs. But with recent US announcements on tariffs on goods from more countries, the industry will be dealing with turmoil for some time," said Nicole Peng, VP, Mobility.Източник

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