SEOUL (Reuters) – Researcher TrendForce said on Monday it expected global smartphone production to fall by 12% to its lowest level in five years in the first three months of 2020 because a virus outbreak in China.
TrendForce said it cut its forecasts for the global smartphone output, expecting Huawei, Apple Inc. and other companies to bear brunt of the market slowdown.
(Reporting by Hyunjoo Jin; Editing by Edmund Blair)
