65% of Chinese consumers have postponed or canceled their traveling due to the impact of COVID-19, according to a survey by Strategy Analytics. 43%, 41%, and 37% have postponed or canceled the holidays, automobile purchases, and smartphone purchases respectively.
Smartphones and 5G were not immune from delayed purchasing in China. 37% have delayed a new smartphone purchase and 32% delayed 5G adoption.
In comparison, about one-third of consumers from the U.S. and UK have canceled or postponed traveling or holiday plans.
19% of Americans and 20% British will postpone or cancel their plan to buy smartphones. Although Chinese are more optimistic about a rapid return to normal than the US or European consumers, smartphone replacement and 5G adoption have certainly been slowed.
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