Smartphone production expected to decline 16% year-over-year as coronavirus impacts demand and supply<div class="feat-image">
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<p>The smartphone market is expected to decline as much as 16.5% in the second quarter, according to the
latest estimates by TrendForce. Of course, the cause of this precipitous drop is the continuing economic impacts of the coronavirus.</p>
<p>TrendForce believes the first quarter of 2020 saw a 10% decline in smartphone output, and that will worsen in Q2 as businesses feel the brunt of a full quarter of coronavirus lockdowns. The firm currently estimates an 11.3% decline for the full year, which means it expects some degree of recovery in the second half of the year.</p>
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Smartphone production expected to decline 16% year-over-year as coronavirus impacts demand and supply
