The smartphone market has been struggling for the past couple of months due to the COVID-19 pandemic and, although the situation is expected to improve in the second half of the year, a huge decline is still predicted.
Smartphone brands are bracing for impact
The latest report by DigiTimes Research claims smartphone shipments are now expected to decrease by a whopping 15% this year to 1.15 billion units. That is slightly more pessimistic than earlier forecasts and can be attributed to the worsening situation.