smartphone, industry, Covid-19

5 Ways Coronavirus Is Affecting the Smartphone Industry

The first quarter of 2020 has represented a historic low for the smartphone industry. While some technology sectors, like cloud services, have excelled amid the coronavirus pandemic, the mobile industry has not. As Covid-19 continues to spread throughout the globe, it’s causing substantial economic effects on smartphone companies. Counterpoint Research reports a 13% year-over-year loss…