5G SmartPhone Shipments Projected To Hit 200 million Units In 2020 Seen To Be Disrupted By The Coronavirus Global Crisis
Just weeks ago, projections for 5G SmartPhone shipments in 2020 said volume would reach some 200 million units in 2020 — with sales stalled in the first half due to the coronavirus — then bouncing back strong in the second half. Now, as the global outbreak is more extended and its economic impact seen as more harsh, that outlook may be disrupted and 2020 sales of 5G iPhones may be re-examined as firms review lofty guidance for this year.
Media such as Stock Market Press are reporting on the fast growing 5G and blockchain telecommunications market. It keeps readers up to date on 5G company stocks such as iQSTEL Inc. (OTC: IQST), Motorola Solutions, Inc. (NYSE: MSI), China Mobile Limited (NYSE: CHL),Verizon (NYSE: VZ), AT&T Inc. (NYSE: T), T-Mobile US (NASDAQ: TMUS), Sprint (NYSE: S) and Ericsson (NASDAQ: ERIC) in 5G. Also covered are trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS), among others.
5G SmartPhone Shipments Projected To Hit 200 Million Units In 2020 Seen To Be Disrupted By The Coronavirus Global Crisis
Strategy Analytics had projected that 5G SmartPhone shipments would reach 199 million units this year. Goldman Sachs forecast 200 million 5G SmartPhone this year. 5G smartphone shipments were seen stalling in first half of 2020 due to coronavirus, then bouncing back in second half. It was also acknowledged that Apple, expected to enter the 5G iPhone market this fall, would emerge as the world leader. 5G SmartPhone shipments projected to hit 200 million units in 2020 seen to be disrupted by the coronavirus global crisis.
Coronavirus Changes 5G SmartPhone Outlook
Prior, it was accepted that 5G SmartPhone shipments will stall in the first half of 2020 due to the coronavirus global impact, but shipments will rebound in the second half of this year, and reach 199 million units worldwide, projected by Strategy Analytics. But experts say the coronavirus may have a larger impact — in terms of health and the economy. As it cuts deep into consumer pocketbooks, the price of 5G SmartPhones may be seen as too high this year to generate the second half sales of 200 million units.
One indicator of that uncertainty is the impact now on Apple’s reported hesitation for ordering camera modules and other components for the fall 5G iPhone models to be ready for fall delivery. A hesitation now would mean a stall later in model introductions. And even if the 5G iPhones are debuted on time in the Fall, will consumers post-coronavirus be able to afford them at the same rate later this year. The unknown is the impact of the coronavirus globally. 5G SmartPhone shipments projected to hit 200 million units in 2020 seen to be disrupted by the coronavirus global crisis.
iQSTEL, Inc. (OTC: IQST) Is Primed To Grow In 5G Telecommunications
Regardless of when 5G SmartPhones finally take off to 200 million annual unit sales, iQSTEL (OTC: IQST) is a 21st century enhanced telecommunications service provider offering a wide range of cloud-based services. It offers 5G and blockchain solutions to carriers in the enterprise, international, domestic and retail markets. Its other features include VoIP series, SMS exchange for A2P and P2P, Internet of Things (IoT) applications, 4G and 5G international infrastructure connectivity and blockchain-based payment and phone number mobility platforms. iQSTEL (OTC: IQST) performance is surging in a 5G technology market projected by Allied Market Research to reach $667.9 billion by 2026.
iQSTEL (OTC: IQST) Reports 46% Jump In February Consolidated Sales, 39% Rise In YTD Volume.
As 5G and blockchain innovation impacts telecommunications globally, iQSTEL (OTC: IQST) reported a 46% jump in consolidated sales for February 2020 and a 39% year-to-date revenue rise compared to one year ago. The company sales in February reached $1,688,206 consolidated including all subsidiaries. It attained a 39% rise when it attained $3,546,058 for year-to-date 2020 compared to $2.5 million the same period in 2019.
iQSTEL (OTC: IQST) Grows On Client Acquisitions And Cross-Selling
Mr. Iglesias, CEO of iQSTEL (OTC: IQST), said, “Our core organic business has seen a 39% YOY revenue growth based on a combination of new client acquisitions and cross-selling our new European interconnections to our existing carrier network. We are thrilled to see our business plan unfolding with such stellar results. The ramp up of the interconnections agreement with our recently acquired QGlobal SMS, and later in the year with itsBchain’s blockchain payment platform, will further enhance our ability to cross-sell ‘in-house’ and expand across European and Latin American markets.”
Multiple Subsidiaries Make iQSTEL (OTC: IQST) A ‘One-Stop-Shop’
Digital 5G communications will impact the future of quick remote communications. Blockchain will also revolutionize telecom in the future, especially more recently in smart contracts, international payments between carriers and the prevention of fraud in payments among carriers.
iQSTEL Inc. (OTC: IQST) Subsidiaries Offer Wealth Of Services
iQSTEL Inc. (OTC: IQST) has wholly-owned, Miami-based subsidiary, Etelix.com USA, LLC, an American-based 5G provider of Submarine Fiber Optic Network capacity for internet (4G and 5G). It owns 51% of SwissLink Carrier AG. SwissLink Carrier AG provides international VoIP connectivity worldwide and more. It also owns 51% of QGlobal SMS LLC, a U.S.-based company which has international interconnection with Tier 1 SMS aggregators to more than 100 countries worldwide. Recently, it added another high tech subsidiary when it completed its acquisition of a 75% stake of itsBchain LLC, a blockchain technology developer.
iQSTEL, Inc. (OTC: IQST) is eying controlling interest in a not named central American fiber-optic network firm which has an attractive 2,300 mile aerial fiber optic network utilizing 4,500 high voltage electrical towers. It is estimated that this company could be potentially valued at $100+ million as it transitions from 4G to 5G within the next six-nine months. It would interconnect Central America, Mexico and the U.S. within thee years.
Virtual Lockdown A Driver For 5G Telecommunications?
5G and its high speed remote telecommunications offerings is in the limelight of this global coronavirus lockdown. Faster Internet of Things (IoT), SmartPhones and other remote telecommunications — with more people working from home — may mean more potential and demand for 5G when this worldwide lockdown is over. Short term, 5G smartphone shipments may stall in first half of 2020 due to coronavirus — and may never meet 200 million unit sales goals for the year — but long term, 5G will be the dominant telecommunications network.
Source: Stock Market Press
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