Samsung's smartphone production hit hard due to virus outbreak
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The COVID-19 is now a major economic threat hitting a wide array of industries and businesses really hard. Samsung, for instance, despite being the world's number one handset maker is now staring at a heavily reduced output in April due to factory closures, along with a potential decline in global demand. The tech giant is currently looking at a reduction of around 60% in overall smartphone production for April 2020.