With the 5G revolution going ahead full throttle, China is leading from the front with network deployment and handset availability. Canalys reported that 278M 5G smartphones are expected to be sold in the world and 62% of them, i.e. 172M, will be sold in the Greater China market. Only Samsung is a non-Chinese firm that is launching 5G devices now. Even if Huawei unable to deliver, the 5G smartphone space will be filled by Xiaomi, Oppo and TCL.
Global PC and tablet shipments in CY 2020 are expected to decline 7% due to the economic slowdown caused by COVID-19 and lockdown. It would remain flat in the year 2021 and expected to see a growth of 2% in 2022, said research firm Canalys. Canalys said that the PC market in Asia Pacific region will shrink by 1% YoY 2020, and recovery will start in 2021. The firm said that the financial impact of the lockdown will have a long term impact.