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Outbreak impact: Global markets and economy
The global economy faces a tough year ahead
IN THE NEWS
Monday 10 February 2020
China smartphone sales likely to fall 30% in 2020 due to outbreak
Should the outbreak of the coronavirus in China prolong to June, sales of smartphones in the country would be slashed by about 30% to 280 million units in 2020, down from the previous...
Friday 7 February 2020
Electronica China postponed
Electronica China originally scheduled to take place in Shanghai during March 18-20 has been postponed, according to the organizer.
Thursday 6 February 2020
China smartphone shipments to fall off a cliff in 1Q20
Smartphone shipments in China are likely to fall off a cliff in the first quarter of 2020 due to the coronavirus outbreak, according to industry sources.
Tuesday 4 February 2020
SEMICON China postponed
SEMICON/FPD China 2020 and related events slated for March will be postponed in the wake of the coronavirus outbreak in the country, according to the organizer.
Monday 3 February 2020
Smartphone shipments to China to sink over 10% on year in 1Q20, says Digitimes Research
Smartphone shipments to the China market are expected to fall over 10% on year in the first quarter of 2020 affected by seasonality, insufficient supply of 5G models, high inventory...
Monday 3 February 2020
Taiwan GDP growth unlikely to see worst-case scenario despite outbreak, says NDC
Taiwan's GDP growth for 2020 faces pressure for downward adjustment due to the coronavirus outbreak in China, but it is unlikely to see the worst-case scenario, according to CM Cheng,...