In a lengthy interview, the vice president of vivo and director of the Chinese business Liu Hong shared some insights about his company and the future of 5G phones. He explained the company is now back on track and plans to manufacture up to 100,000 5G smartphones per day due to the unexpectedly high demand. Still, the predictions are for sales to decline 30% to 50% in the first quarter of the year after the COVID-19 outbreak caused a delay in factory production, reduced customer flow on the offline scene. Effectively, once the Spring Festival was done, the market started going...
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