"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-04-19T15:23:32Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/04/19/mask-mandate-removal-airlines-muntean-sot-vpx.cnnbusiness"
data-branding-key=""
data-video-slug="mask mandate removal airlines muntean sot vpx"
data-first-publish-slug="mask mandate removal airlines muntean sot vpx"
data-video-tags="aircraft,aviation and aerospace industry,business and industry sectors,business, economy and trade,centers for disease control and prevention,coronavirus,coronavirus pandemic,diseases and disorders,epidemics and outbreaks,government organizations - us,health and medical,infectious diseases,life forms,microscopic life,public health,public transportation,respiratory diseases,transportation and warehousing,us department of health and human services,us federal departments and agencies,viruses,air transportation,airlines,decisions and rulings,law and legal system,trial and procedure"
data-details="">
Video Ad Feedback
See airline passengers throw away masks as mandate is revoked
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-04-10T18:05:00Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/04/10/white-house-miffed-by-press-corps-covid-coverage.cnn"
data-branding-key=""
data-video-slug="White House miffed by press corps' Covid coverage?"
data-first-publish-slug="White House miffed by press corps' Covid coverage?"
data-video-tags="brian stelter,business and industry sectors,business, economy and trade,companies,coronavirus,coronavirus pandemic,diseases and disorders,epidemics and outbreaks,government and public administration,government bodies and offices,health and medical,infectious diseases,journalism and news media,life forms,media industry,microscopic life,misc people,politics,public health,respiratory diseases,the atlantic,us federal government,viruses,white house"
data-details="">
Video Ad Feedback
White House miffed by press corps' Covid coverage?
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-02-21T20:54:03Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/02/21/fox-neil-cavuto-covid-vaccine.cnn"
data-branding-key=""
data-video-slug="Fox Neil Cavuto covid vaccine"
data-first-publish-slug="Fox Neil Cavuto covid vaccine"
data-video-tags="business and industry sectors,business, economy and trade,communicable disease control,companies,coronavirus,diseases and disorders,electronics,fox corporation,health and medical,health care,health care facilities,hospitals,infectious diseases,intensive care units,levels of care (health),life forms,medical and health care electronics,medical treatments and procedures,microscopic life,public health,respiratory diseases,technology,vaccination and immunization,viruses"
data-details="">
Video Ad Feedback
Fox anchor says the Covid-19 vaccine saved his life
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-02-07T12:04:45Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/02/04/watch-covid-pandemic-house-hgtv-video-orig.cnn-business"
data-branding-key="innovate"
data-video-slug="watch covid pandemic house hgtv video orig"
data-first-publish-slug="watch covid pandemic house hgtv video orig"
data-video-tags="diseases and disorders,health and medical,infectious diseases,companies,epidemics and outbreaks,hgtv,public health"
data-details="">
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-02-04T23:15:07Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/02/04/jobs-report-inflation-economy-brian-deese-national-economic-council-director.cnnbusiness"
data-branding-key=""
data-video-slug="jobs report inflation economy brian deese national economic council director"
data-first-publish-slug="jobs report inflation economy brian deese national economic council director"
data-video-tags="business, economy and trade,economic indicators,economy and economic indicators,employment growth,employment trends,government and public administration,government bodies and offices,labor and employment,labor sector performance,politics,us federal government,white house,government organizations - us,us congress"
data-details="">
Video Ad Feedback
National Economic Council director on how to 'normalize' the economy
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-01-21T12:26:04Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/01/21/hong-kong-cathay-pacific-zero-covid-lu-stout-pkg-intl-hnk-vpx.cnn"
data-branding-key=""
data-video-slug="Hong Kong cathay pacific zero Covid lu stout pkg intl hnk vpx"
data-first-publish-slug="Hong Kong cathay pacific zero Covid lu stout pkg intl hnk vpx"
data-video-tags="air transportation,aircraft pilots,airline employees,airlines,arrests,asia,business and industry sectors,business, economy and trade,cathay pacific,china,communicable disease control,companies,continents and regions,coronavirus,coronavirus pandemic,crime, law enforcement and corrections,criminal law,diseases and disorders,east asia,epidemics and outbreaks,europe,health and medical,hong kong,hotels and motels,infectious diseases,isolation and quarantine,kristie lu stout,labor and employment,law and legal system,law enforcement,life forms,lodging,microscopic life,misc people,northern europe,public health,respiratory diseases,transportation and warehousing,travel and tourism,united kingdom,viruses,workers and professionals"
data-details="">
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-01-14T09:17:09Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/01/14/hong-kong-zero-covid-supply-chain-lu-stout-pkg-intl-hnk-vpx.cnn"
data-branding-key=""
data-video-slug="Hong Kong zero covid supply chain lu stout pkg intl hnk vpx"
data-first-publish-slug="Hong Kong zero covid supply chain lu stout pkg intl hnk vpx"
data-video-tags="asia,border control,china,communicable disease control,continents and regions,coronavirus,coronavirus pandemic,diseases and disorders,east asia,epidemics and outbreaks,health and medical,hong kong,infectious diseases,international relations,international relations and national security,kristie lu stout,life forms,microscopic life,misc people,national security,public health,respiratory diseases,territorial and national borders,viruses"
data-details="">
Video Ad Feedback
Pandemic empties one of the world's busiest airports
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-01-11T12:49:06Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/01/11/colorado-governor-polis-coronavirus-business-newday-vpx.cnn"
data-branding-key=""
data-video-slug="colorado governor polis coronavirus business newday vpx"
data-first-publish-slug="colorado governor polis coronavirus business newday vpx"
data-video-tags="colorado,continents and regions,north america,southwestern united states,the americas,united states,diseases and disorders,ed lavandera,epidemics and outbreaks,health and medical,infectious diseases,jared polis,misc people,political figures - us,public health"
data-details="">
Video Ad Feedback
Colorado Gov. Polis pushes 'get back to normal' strategy
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-01-04T20:46:31Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/01/04/nyc-mayor-business-open-shutdown-eric-adams.cnnbusiness"
data-branding-key=""
data-video-slug="nyc mayor business open shutdown eric adams"
data-first-publish-slug="nyc mayor business open shutdown eric adams"
data-video-tags="continents and regions,environment and natural resources,eric adams,landforms and ecosystems,new york (state),new york city,north america,northeastern united states,political figures - us,the americas,united states"
data-details="">
Smartphone shipments in China will likely fall 40% in the first quarter of 2020 compared with the same period last year, according to a new report from research firm IDC.
That means Chinese consumers will buy 33 million fewer phones in the first three months of the year, according to Will Wong, an analyst with IDC.
When IDC updated its forecast last year, “we were only expecting a 5% drop” in the first quarter of 2020, Wong said.
“Even with a potential March recovery it will still be difficult to reach last year’s levels” for the first quarter, he added.
There will also be knock-on effects for global smartphone shipments, which IDC forecasts will decline 10.6% in the first half of 2020, compared to the same period last year.
Business in China ground to a halt when the outbreak accelerated late last month. Companies have been struggling to return to normal, as hundreds of millions of people in China remain under travel restrictions.
“Component shortages, factory shutdowns, quarantine mandates, logistics, and travel restrictions will create hindrances for smartphone vendors to produce handsets and roll out new devices,” IDC analyst Sangeetika Srivastava said in a press release.
Sales should “stabilize” later in the year as 5G smartphones roll out, provided the outbreak subsides, Srivastava added.
Apple
(AAPL) warned investors this month that the coronavirus outbreak is hurting its business more than previously expected by limiting how many devices it can make and sell in China.
In an investor update, Apple said it no longer expects to meet the revenue guidance it provided last month for the upcoming March quarter.
“Work is starting to resume around the country, but we are experiencing a slower return to normal conditions than we had anticipated,” the company said.
Huawei will also likely be hit hard. The Chinese tech company is the top selling smartphone brand in China, with just over 38% market share last year, according to IDC.
A Huawei spokesperson declined to comment, saying the company does not speculate on market performance.
