Indian smartphone industry faces impact due to coronavirus outbreak
The Indian smartphone industry, which relies heavily on China for components and sub-assemblies, has started feeling the impact of supply disruptions in certain product categories due to the coronavirus outbreak, market watchers said on Tuesday.
"Yes, the industry is already feeling the impact and some products and models have been impacted.
The company said it is closely monitoring the impact on the smartphone industry.
The death toll in China's novel coronavirus outbreak has gone up to 1,016 with 108 new fatalities reported mostly in the worst-affected Hubei province, while the confirmed cases of infection have soared to 42,638.
The coronavirus outbreak and its perceived risk have cast a shadow on the upcoming Mobile World Congress (MWC), the largest mobile event and the industry's flagship annual congregation.
Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
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