China’s recent surge in Covid cases threatens to hurt sales of handsets in the world’s largest smartphone market if it’s not contained, but U.giant Apple could still hold up well, analysts told CNBC. On Wednesday, China reported more than 20,000 Covid infections with the majority in the mega city of Shanghai.
Link: China’s smartphone market could plunge 20% as Covid cases spike — but Apple may see growth
via http://www.cnbc.com