The coronavirus has had a devastating impact on the regularly thriving smartphone industry in China.
The coronavirus has had a devastating impact on the regularly thriving smartphone industry in China, but there's cause for hope ... it's starting to show signs of life again.
That low amount's due to 3 factors -- reduced supply because of factory shutdowns, retail stores being closed, and of course ... loss of expendable income for Chinese citizens. Compare this to 40 percent responding that they've delayed buying cars, furniture and appliances, as well ... it's fair to say smartphones are lumped into the big-ticket item category that's low on people's purchase priority list.
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