This year the US smartphone market is expected to decline by 6% -15%

According to Taiwan media reports, the Consumer Technology Association (CTA) released its revised report for 2020 on Friday (24th). The data shows that electronic products such as smartphones, TVs and notebook computers will be hit hard. The report lists a series of suppliers that will be hit, including Apple, Dell, HP, Intel, Sony and Samsung. CTA CEO Gary Shapiro said that the downward pressure on unemployment and consumer spending caused by the epidemic has brought significant resistance to the prospects of the technology industry this year. "Over the past decade or so, the technology industry has experienced many economic storms. The overall resilience of the industry is still there. Technology plays an indispensable role in our lives and will be a catalyst for the US to escape the crisis. CTA estimates that this year's smartphone sales will be 138 million to 153 million units, a 6% to 15% annual decrease. CTA estimated in January this year that mobile phone sales will reach 166 million this year, an annual increase of 2%. The agency said that in the case of uncertain economic prospects, consumers will try to avoid buying high-priced single items such as mobile phones, and the time to replace old phones will also be extended, suppliers may delay the launch of new 5G mobile phones and Other flagship models until consumer confidence is restored. CTA lowered its TV sales forecast for this year to 34 to 37 million units, down 8% to 14% from 2019. Previously, the CTA had forecast TV sales of 40.8 million units, an increase of 2%. The agency pointed out that although the market is quite excited about 8K UHD and OLED technology, the downward trend in the economy will inhibit the demand for households to upgrade to high-end TVs. Although Intel ’s Q1 financial report released on Thursday (23rd) showed strong demand for laptops in March, CTA still expects this year ’s laptop sales to fall 4% to 12% from last year to approximately 46 million to 51 million units; the agency previously The estimated value is 53 million units, which is estimated to increase by 1%. CTA said: "Although laptops are still the main computing equipment, sales will still decrease due to the economic recession." According to the CTA report, the only thing that can benefit from the outbreak is the streaming video platform. The agency believes that the revenue of the audio and video streaming service industry will reach 24 billion to 25 billion US dollars this year, an increase of 29% to 35% from 2019. Estimated revenue is $ 24.1 billion.