According to IDC, smartphone vendors shipped 275.8 million phones from January to March, for a 11.7 percent year-over-year decrease.
(Photo by Christopher Jue/Getty Images)
The pandemic is taking a toll on the smartphone industry. During this past quarter, the market suffered its largest annual decline ever, according to research firm IDC.
In total, smartphone vendors shipped 275.8 million phones from January to March, down by 11.7 percent from the same period a year ago.
Omdia, another research firm, estimates the drop was even higher at 16.8 percent.
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“This plunge impacted all the major smartphone brands, with nine of the top-10 OEMs (original equipment manufacturers) suffering shipment declines compared to the first quarter of 2019,” Omdia said.
The affected brands include Apple, Samsung, Huawei, LG and Motorola, which all saw shipments fall by double digits. According to Omdia, the only top vendor to experience growth was Chinese company Realme due to increased product sales in India.
