China Smartphone Sales Drop 55%, Thanks To Coronavirus. But E-Commerce And Delivery Businesses Are Booming


Data from the China Academy of Information and Communications Technology, a research institute that is part of the country’s Ministry of Industry and Information Technology, says that smartphone sales dropped 56% in February 2020 compared to data from 2019.

The only conceivable rationale?

Coronavirus. Or, more specifically, the quarantines and closures related to it.

Get the full story in my post at Forbes …