image credit: Pxhere

This year’s global smartphone market decline can only be slowed down by cheap 5G models

June 4, 2020

It’s no longer a big secret that the coronavirus pandemic has hit both individual smartphone manufacturers like Samsung and Huawei and the mobile industry as a whole particularly hard from more than one standpoint.

But while most major factories around the globe are up and running again, the supply chain is no longer broken, and many brick and mortar stores have reopened even in some of the world’s worst-hit areas and cities, one lingering COVID-19 challenge for the smartphone market and other previously thriving businesses is undoubtedly the pandemic’s “macroeconomic impact.”

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