Global smartphone shipments totaled 366 million units in the third quarter of 2020, down 5.7% from the third quarter of 2019, according to Gartner, a research and advisory company.
The daily demand for masks is in the hundreds of millions, and there is a serious supply shortage.
Nike, Adidas, and Capri Holdings, owner of luxury brands Versace, Jimmy Choo, and Michael Kors, have all warned investors this week that as the coronavirus grips China, sales could take a hit.
OnePlus has sold out one million of its flagship OnePlus 6 within only 22 days of release. Pete Lau, CEO of OnePlus, expressed his gratitude towards the OnePlus community, “we are touched by the trust that one million people have placed in us and are grateful for the loyalty they have displayed.”
China is the world's largest market for car sales. Tesla's vehicles have to be imported into China, as Tesla is unable to produce cars in China. Nevertheless, Tesla doubled its sales in China in 2017, and Tesla's all-electric cars are commonly seen on China's roads.