Smartphone manufacturers from China are on a path to report a double-digit decline in H2 2020, Digitimes Research predicts. While the first half was turbulent due to the arrival of COVID-19, the second one will also show little improvement due to the overall economic situation and the persistence of the pandemic in some major markets. The Top 4 vendors from China - Huawei, Oppo, vivo, and Xiaomi - reported 82.3% of their total sales at home due to the export constraints where users simply couldn’t afford a new smartphone in these turbulent times. Looking at the quarterly results,...
Source: https://www.gsmarena.com/chinese_smartphone_companies_see_15_decline_in_sales_in_h1_2020-news-44491.php