By Natasha Li / Staff reporterThe true wireless stereo earbud market soared 53 percent quarterly to 51 million units last quarter, but Counterpoint Research Inc on Tuesday trimmed its growth outlook for this quarter due to growing uncertainties from the COVID-19 outbreak. Dongguan Hele Electronics Co Ltd (東莞和樂電子) and JLab Audio LLC were fourth and fifth place respectively, the report said. Overall, the true wireless stereo earbud market swelled from 46 million units in 2018 to 130 million units last year, slightly beating previous predictions of 129 million units, it said. While the market is expected to continue an upward trend, the COVID-19 outbreak has somewhat dampened market outlook, the Hong Kong-based researcher said. Lee previously forecast a 90 percent growth rate for the region, excluding China, and a 120 percent growth rate for the Chinese market.

Source: Taipei Times February 12, 2020 15:56 UTC