Huawei and Italy smartphone sales most heavily hit by COVID-19
The latest numbers from analyst firm Counterpoint reveal the European smartphone market shrank by 7% in Q1 2020, but there was considerable variation between vendors and countries.
Telecoms.com
Q1 2020
Telecom Italia wrestles with Europe’s biggest COVID-19 dent
Telecom Italia (TIM) has released its latest financial results, revealing painful battle scars as European nations continue to fight the coronavirus pandemic.
SoftBank fire sale could include T-Mobile US stake
Japanese conglomerate SoftBank had a nightmare quarter thanks to massive losses at its Vision Fund investment arm and it might need to raise a few yen quickly.
Global smartphone shipments fall by 17% coz of coronavirus
The latest smartphone shipment numbers from Strategy Analytics reveal an unprecedented drop that can only be due to the COVID-19 pandemic.
Smartphone production forecast to drop by 16.5% in Q2
Taiwanese analyst firm TrendForce has been having a look at the effect of the COVID-19 pandemic on the smartphone supply chain and concludes it has had a significant impact.
Nokia rolls with the COVID-19 punches in Q1 2020
Finnish kit vendor Nokia managed a solid set of numbers in the first quarter of this year, despite supply hassle created by that most disruptive of viruses.
Chinese smartphone sales plummet
The latest numbers from Counterpoint Research reveal Q1 2020 smartphone sales in China plunged by 22%.
Ericsson celebrates telecoms industry resilience after a solid Q1
Swedish kit vendor Ericsson delivered Q1 2020 numbers broadly in line with expectations and was cautiously positive about how the telecoms industry is handling the coronavirus crisis.
Huawei insists everything’s fine after revenue growth slows dramatically
Chinese telecoms vendor Huawei just about managed to grow its revenues in Q1 2020 in the face of mounting challenges.
Wearables and services are paying off for Apple
The iPhone is still the biggest contributor to the monstrous profits Apple claws in each quarter, but efforts in wearables and services are balancing out the company.
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