Despite the ongoing coronavirus pandemic, many smartphone companies have not been turned away from launching their new phones. Samsung already launched the Galaxy S20 series, Huawei, the P40 series(P40, P40 Pro, P40 Pro+: Specs), and Xiaomi recently introduced the Redmi K30 Pro, to name a few.
As a result, sales figures have been severely affected. Samsung has reportedly sold roughly 60% Galaxy S20 series phones, compared to the Galaxy S10 sales during the same period since launch.
“… the current sales volume of the S20 is 60% lower than the previous product, or even worse than that. The figures can get worse as they come out,” said an analyst who spoke to Seoul Economic Daily.
The figures aren’t surprising at all, considering the massive drop in global smartphone sales reported in February. CounterPoint Research reported that the sales decline experienced globally in February was 14% compared to a similar period last year. In China, one of the first affected countries by the epidemic saw a massive 38% decline.
The South Korean tech company is expected to announce the numbers at the end of the quarter officially.
But can we attribute all sales decline to coronavirus in the industry? Not really, but the virus outbreak has been the major driving factor for the recent dip in global smartphone sales.