The smartphone industry is suffering from a huge decline in sales due to COVID-19, a pandemic that has spread in more than 175+ countries. It is taking a toll on all industries without sparing the smartphone makers such as Samsung, Vivo, LG, and Oppo that have halted production in some or other ways to curb the ever-growing epidemic.
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South Korean tech giant Samsung has officially closed down operations at its factory in Noida from March 23rd to March 25th. Although this isn’t the intended week-long lockdown period as other companies, Samsung has decided to close down productions for three days and has gathered around to discuss future plans with the local government.
Samsung has also closed down its sales department, marketing, and R&D and has advised employees to work from home. The company produces millions of units every month totaling at 12 crores every year and it is the largest smartphone factory in India. It is the third factory that Samsung has suspended after the COVID-19 outbreak that has engulfed almost every country on the face of the Earth. The company found out that a few employees were reported to have contracted COVID-19 at its Gumi, South Korea, plant after which the factory was shut down.
Apart from Samsung, LG has closed down its production factory in Noida and Pune where its home appliances are made till 31st March thus, abiding by the week-long lockdown. Apart from that, Oppo and Vivo have halted the production at their respective factories in Greater Noida.
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Smartphone makers have resorted to digital-only launch events after the Coronavirus outbreak such as Realme is about to launch Narzo series on March 26 while Apple will hold WWDC 2020 in June and so on.
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At this moment, there are more than 340K people tested positive for COVID-19. The smartphone market is predicted to set the biggest decline at 2.3% on a global scale.