Coronavirus may reduce smartphone sales in China

The coronavirus continues to spread around the world, with more than 17,000 people already sufferingfrom this disease.

In addition, an international emergency has already been declared, and the virus has become a health threat worldwide.Although most of the patients have stabilized, we must remember that this virus has already claimed the lives of more than 360 people.

However, such a disease has many othersconsequences other than those that directly affect people's health. In this case, we are talking about a possible decrease in smartphone sales in China, which could be seen in the figures for the first quarter of 2020.

Protocol of action in the face of such a disease,like coronavirus, very clear. Quarantine and isolation to avoid infecting people. However, there is always an accidental leak. Remember that we live in an era of globalization in which everyone can travel anywhere in the world without any problems. Therefore, the chances of infection are high.

So far, China has acted excellently toprevent infection, and mobile companies such as Huawei and Xiaomi have taken their own measures to help in this matter. However, both these and many other companies in this sector in China may lose profits due to the virus itself. Strategy Analytics conducted a study forecasting a 2% drop in international supplies. The decrease, which within the Asian country will continue to fall to -5% of national supplies. The initial impact is expected to be undertaken by China. But other countries, such as Japan and the United States, may be affected jointly.

Temporary closure of stores of some companies,the forced dismissal of injured workers and strict security measures predict a year 2020 that cannot start too well for highly respected brands in the sector. This may affect Huawei, Xiaomi, Vivo, Oppo, and OnePlus. Let's see how the situation will develop.