TECH500

Coronavirus Impact On The Smartphone Industry: Shipment Delays, Price Hikes And More

Turn your old phone into cash
  • 1
    Store Closures:
  • 2
    Price Hikes:
  • 3
    Launches Delayed:
  • 4
    Production Shortages:
  • 5
    Events Cancelled:
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    Highlights of the Story

    • Mainly, the technology sector has been affected by having an impact on global businesses.
    • Multiple Big Brands and companies have officially shut down their offices and retail stores in countries near China like Hong Kong and Taiwan.
    • GSMA had to cancel MWC 2020 for this particular year leading to cancellation and delays of multiple product launches in various countries.