GUANGZHOU/SEOUL -- The global smartphone market is suffering a sharp downturn as the spread of the new coronavirus dashes the industry's hopes for a boost from 5G technology.
Worldwide shipments for 2020 are projected to drop 10%, or by 100 million units, U.S. research company Strategy Analytics said, downgrading its January forecast of a 2% dip for the year as the outbreak wreaks havoc on supply chains and consumer sentiment.
