Corona does not give up! Phone sales will decline again in 2022

While many countries around the world have been able to find a way to deal with the corona due to universal vaccination and the right restrictions, but phone sales statistics Smartphones are still negatively affected by the virus.

BingMag.com Corona does not give up! Phone sales will decline again in 2022

While many countries around the world have been able to find a way to deal with the corona due to universal vaccination and the right restrictions, but phone sales statistics Smartphones are still negatively affected by the virus.

According to the Trendforce statistical institute, it looks like smartphone sales will decline in 2022. On the other hand, the performance of large technology companies in the first quarter of this year was not very admirable, and it was expected that the situation would not improve much in the second quarter, but now Trendforce believes that exactly the forecasts will come true. According to reports, China is apparently still infected with the coronavirus and does not want to give up strict protection policies until the number of cases has reached zero.

The coronavirus first spread to China and then Infiltrated other countries. China is now the last country still in conflict with Corona, which wants to reduce its morbidity to zero. A few weeks ago, the country had only 14 infected in one of its major cities, but ordered the entire city to be quarantined. This has led to the complete closure of electronics assembly companies, leaving high demand for large companies such as Apple, Samsung, and others that have built their own assembly lines in China.

It is generally expected that by the end This year, 1.333 billion handsets will be produced, which shows a lower statistic compared to 2021. However, the outbreak was worse last year. According to Trendforce, phone sales may even be negative compared to last year. He insists he has no convincing reason. But as long as this is the case, there is no way out for the smartphone industry, because when fewer phones are produced, sales will be lower, and perhaps in some cases this will increase the astronomical price of products. China itself has suffered a lot as a result, with phone sales reportedly down 13 percent from last year.

The second half of this year also looks set. So be it. Even if China can find a way to escape the corona virus, inflation is so high that it will definitely have a negative impact on the mobile market and other markets. The Indian market also can not sustain growth in the long run. As a result, it generally looks like the situation will not be very good for companies in 2022.

According to Trendforce, China remains the largest market, but its share of the smartphone market It will decrease from 24.2% to 21.1%. India and the United States are next with 13.1% and 11%, respectively. It remains to be seen how the situation will unfold in the near future. Because the war between Russia and Ukraine continues, and this has caused companies to lose access to a series of supply chains. At the moment it is not possible to predict a good situation unless a miracle happens.

Source: GSMArena

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