Discussing the effect of Coronavirus on Mobile Technology Market, 2020 is regarded as the year of popularization of 5G mobile phones, and June will also mark the first anniversary of 5G commercial use. However, the bad news is that the impact of the new coronary pneumonia epidemic on the mobile phone industry continues.

After the Chinese market, India, the United States, Europe and other overseas markets also ushered in difficult times. Factory shutdowns and offline sales have stalled, and mobile phone manufacturers are ushering in or may be the most difficult year.

The domestic players who originally planned to vigorously develop overseas markets have also been disrupted in their strategic layout, and have gradually returned their key directions to the Chinese market. How to deal with the epidemic’s challenge to the global layout and whether to seize this year’s 5G replacement opportunity will be the key factors for manufacturers to survive this “winter”.

India and Europe suffer together: overseas setbacks

At the beginning of this year, the new coronary pneumonia outbreak first broke out in China. Due to various prevention and control measures, the offline business format has also been severely affected, including the mobile phone industry.

The stagnation of supply, production, and sales in the upstream supply chain, manufacturing plants, mobile phone companies, and offline stores has caused the Chinese mobile phone market to decline severely in January and February.

At first, the companies that were able to breathe a little bit were those with deep layout in overseas markets. Wu Qiang, OPPO’s vice president, once said that because of the epidemic, OPPO has revisited its layout in the global market. In terms of global layout, OPPO needs to do a good job in each market, so that it will not have a great impact on the company’s overall market because of changes in a certain country.

Throughout January and February, mobile phone manufacturers are actively promoting the resumption of domestic production and production. On the other hand, they are also planning to vigorously expand overseas markets to reduce the pressure caused by the decline of the Chinese market.

However, what manufacturers did not expect was that when the epidemic in the Chinese market was gradually controlled, the overseas epidemic ushered in a big outbreak. Among them, India, Europe and other markets that domestic manufacturers focus on are particularly serious.
http://actz.xyz/2020/05/12/effect-of-coronavirus-on-mobile-technology-market/