According to statistics from the National Bureau of Statistics, the mobile phone production in Mainland China (including feature phones) in the first quarter of 2020 was about 260 million. It has an approximate decline of 19.8% on a year-on-year basis. Due to the strictest city closure strategy in mainland China in February and the global…
According to the latest observation of WitsView, global smartphone production has scaled down due to the COVID-19. It affects the proportion of panels adopting different display technologies. Since mobile phone brand customers are still adopting AMOLED panels, it is expected that the penetration rate of AMOLED models will increase from 31.0% in 2019 to 35.6%…
The quick answer is yes. The LATAM mobile phone wholesale industry had changed drastically in the past couple of months. When it had initially seen little fallout at the onset of the COVID-19 global pandemic. The crisis has affected many businesses, and wholesale mobile phone sales are no different. The business is lack of demand,…
Smartphone sales in China fell by 22% YoY and 24% QoQ in Q1 2020 due to the impact of COVID-19 Pandemic, according to the latest research from Counterpoint’s Market Pulse—Monthly Smartphone Sales Tracking service. The top five OEMs HOVX (Huawei, OPPO, Vivo, Xiaomi) and Apple accounted for a record 93% of the market, up by…
The mobile phone industry has struggled to keep providing new mobile phones because of the coronavirus outbreak. In response to the pandemic, the European Union is working towards a coordinated response to help keep the economy afloat. During this time, the wholesale phone industry has seen customers cutting on buying and recycling their phones. However,…
China dominates kids’ smartwatch market with 62% of global shipments in 2019. Global kids’ smartwatch shipments grew 8% year-on-year (YoY) in 2019, according to the latest research from Counterpoint’s IoT service. Commenting on the competitive landscape in the market, Counterpoint Research Analyst, Satyajit Sinha, noted, “China continues to dominate the global market for kids’ smartwatches…
The coronavirus pandemic has ensured that the production of global smartphones will be reduced in the first quarter of 2020. With the disease spreading across Europe at a rapid rate, the restrictions applied has caused wholesale companies to cut back on purchasing and selling used mobile phones, where the lack of consumer confidence in Europe…
As COVID-19 takes its toll, market demand is fragile but global smartphone sales (sell-through) in February declined only 14% compared to last year, showing some resilience. From the supply-side, global smartphone shipments (sell-in) fell a slightly more, down 18% compared to last year, but again a lower than expected drop. As COVID-19, unfortunately, spreads like…
Wholesalers are being encouraged to guidelines for the protection of business and its services. To stop the spread of the coronavirus, current recommendations suggest that Europeans should isolate themselves in their homes. Particularly for people who have returned from other countries outside of Europe. The impact of the coronavirus pandemic has meant that wholesale businesses…
Bеіng a wholesale mоbіlе рhоnеѕ distributor mіght ѕееm hіghlу complex at first. It’ѕ B2B trading, mеаnіng lаrgе аmоuntѕ оf smartphones change hands between suppliers, distributors, аnd ѕmаllеr buѕіnеѕѕеѕ, аnd thеrе аrе nо end-users in thе рrосеѕѕ. Dеѕріtе thе соmрlеxіtу, fіndіng уоur wау is possible іf уоu know a соuрlе оf bаѕіс рrіnсірlеѕ аnd tricks. Thіѕ…