Coronavirus holds Chinese smartphone deliveries

Coronavirus holds Chinese smartphone deliveries

Chinese smartphone manufacturers and Apple, whose production facilities are also located in this country, have delayed deliveries of equipment to Russia for two weeks due to a coronavirus outbreak.

Huawei, including its brand Honor, Xiaomi, Vivo, Realme, ZTE and Lenovo have started postponing deliveries to Russia, two sources in partners of the brands told the Kommersant.

According to analysts, the delay can provoke some deficit and a price rise by 10–15%.

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