Huawei to suffer as coronavirus hammers China phone sales - Counterpoint
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(Reuters) - Huawei Technologies Co Ltd will be among the worst hit from a collapse in Chinese smartphone sales in the first quarter due to the coronavirus outbreak, industry researchers Counterpoint said on Thursday, slashing estimates for the world's biggest market.Hong Kong-based Counterpoint, whose forecasts are widely used in Asia's booming chip and mobile phone industry, said in an outline of its latest report it had cut its estimate for offline smartphone sales in China during the outbreak..