Data

COVID-19 is having a negative impact on China's advertising expenditure, with market research firm eMarketer lowering its forecast for China's advertising spending in 2020 and beyond.

The outbreak of the new coronavirus has forced people to work from home, which has led to a surge in sales of computer accessories and products such as keyboards, monitors and laptops, market research firm NPD said in a report on Tuesday.

Semiconductor Manufacturing International Corporation (SMIC) recorded revenue of approximately $3.116 billion in 2019 with a gross margin of 20.6%, according to the company's filing.

Xiaomi's revenue in the fourth quarter was 56.47 billion yuan, which was higher than the market expectation of 54.878 billion yuan. In the same period of 2018, Xiaomi's revenue was 44.421 billion yuan.

China's tablet market in the first quarter of 2020 will decline by 30.1% year-on-year, and the decline in shipments in the second quarter will slow down, down 14.1% year-on-year, IDC said in a report released today.

Stagnant supply and crippled demand will lead to a 30% decline in global smartphone production in the first half of the year, according to a research report from market research company ABI Research.

The global server market continued to grow in the fourth quarter of 2019, and its revenue and shipments increased by 5.1% and 11.7% year-on-year respectively, ,according to Gartner's latest statistics on March 23.

Data released by Strategy Analytics recently showed that the global smartphone market in February suffered its worst decline ever, with shipments down 38% year-on-year.

Earlier reports cited research company Strategy Analytics data that Xiaomi surpasses Huawei to become the third largest smartphone maker. However, the firm said on Weibo on Friday that this is not official data.

Smart speaker shipments reached 45.89 million units in 2019, a year-on-year increase of 109.7%, according to a IDC report.