India’s smartphone shipments drop for the third consecutive quarter, falling 19% YoY: Report
1 year, 8 months ago

India’s smartphone shipments drop for the third consecutive quarter, falling 19% YoY: Report

The Hindu  

Indian smartphone market recorded its highest-ever drop in Q1 2023, a decline of 19% year-on-year between January and March 2023. Samsung’s 5g-capable A series performed well in the offline market contributing 50% of the shipments and its ultra-premium segment grew 247% driven by the success of its S23 series. Vivo maintained its second position in terms of shipments with a 17% market share, despite a 3% YoY decline. The beginning of the quarter saw a surge in demand across channels around the Republic Day sales period”, Senior Research Analyst Shilpi Jain said. This segment is suffering declining demand due to an elongated replacement period, declining feature phone-to-smartphone migration and lower presence of hero models”, Senior Research Analyst Prachir Singh added.

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History of this topic

Smartphone market stays below pandemic levels, concerns remain
3 weeks, 3 days ago

Smartphone market stays below pandemic levels, concerns remain

Live Mint  

India’s $40-billion-plus smartphone economy is likely to continue below the demand in the pandemic era, raising concerns around how the market can revive itself. With government-affiliated think-tank Niti Aayog valuing India’s electronics industry at $155 billion as of the past fiscal, the smartphone economy is important as it accounts for over a quarter of the electronics market, without taking exports …

India’s PC market at all-time high in third quarter of 2024
1 month, 1 week ago

India’s PC market at all-time high in third quarter of 2024

New Indian Express  

Leading PC brands in India When it comes to brand performance, HP Inc. led the market with a share of 29% in 3Q24, maintaining its leadership in both the commercial and consumer segments. Lenovo, the Chinese laptop maker, ranked second with a 17.3% share, while Dell Technologies secured third place with 14.6% of the market. In the commercial segment, Dell …

Wearable device market down by 20 per cent: What went wrong?
1 month, 2 weeks ago

Wearable device market down by 20 per cent: What went wrong?

New Indian Express  

NEW DELHI: India’s wearable device market recorded its second consecutive quarterly decline, driven by a slowdown in new product launches and cautious inventory strategies. Advanced smartwatches also saw a significant 39.9% y-o-y decline, though their market share improved marginally from 2.4% to 2.6%, suggesting a focus on premium offerings within this segment. Earwear sees moderate decline The earwear category saw …

Apple India revenue rises 36% to ₹67,122 crore in FY24, driven by iPhone sales
1 month, 3 weeks ago

Apple India revenue rises 36% to ₹67,122 crore in FY24, driven by iPhone sales

Live Mint  

Apple India reported a revenue of ₹67,121.6 crore for the financial year ended March 2024, up 36% from a year earlier, driven by higher iPhone sales. For FY25, iPhones are expected to generate nearly $11 billion in sales for Apple India with Mac, iPad, wearables and services likely to bring in another $4-6 billion and setting the company on road …

Apple sets record as Indian smartphone market expands by 5.6 per cent in Q3 2024
1 month, 3 weeks ago

Apple sets record as Indian smartphone market expands by 5.6 per cent in Q3 2024

India TV News  

The Indian smartphone market grew 5.6 per cent year-on-year in Q3 2024, with shipments reaching 46 million units, according to IDC's data. Apple recorded its highest-ever quarterly shipments in India, capturing an 8.6% market share, up from 5.7 per cent in Q3 2023. Surge in 5G Smartphone Shipments 5G smartphones accounted for 83 per cent of total shipments, up from …

Apple’s record 4 million unit sales helps tech giant post its largest quarter growth in India
1 month, 3 weeks ago

Apple’s record 4 million unit sales helps tech giant post its largest quarter growth in India

Firstpost  

The Indian smartphone market overall grew by 5.6 per cent year-over-year, marking its fifth consecutive quarter of positive growth. While Apple made headlines with its impressive numbers, Vivo maintained its position as the market leader, holding 15.8 per cent of the total market share The premium smartphone segment, comprising devices priced between $600 and $800, witnessed the most significant growth, …

Apple vs Samsung: See which smartphones Indians are buying
1 month, 4 weeks ago

Apple vs Samsung: See which smartphones Indians are buying

Hindustan Times  

Apple's market share in India has expanded while rival Samsung has struggled with its sales numbers taking a hit yet again, showed data from market intelligence firm International Data Corporation. Apple's market share grew by 58.5% year-over-year for the third quarter of 2024, while Samsung's market share fell by 19.7% year-over-year for the same period. She added that the launch …

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue
1 month, 4 weeks ago

iPhone production likely to double in India due to Donald Trump, adding 200,000 new jobs & $30bn revenue

Firstpost  

Apple’s production increase hinges on the policies of US President Donald Trump, who has repeatedly expressed his intent to impose steep tariffs, between 60-100 per cent, on goods imported from China If Apple implements these plans, India’s share of global iPhone production could rise to over 26 per cent, a substantial jump from the current 12-14 per cent. The Economic …

Samsung, OnePlus woes threaten premium smartphone growth in India
1 month, 4 weeks ago

Samsung, OnePlus woes threaten premium smartphone growth in India

Live Mint  

NEW DELHI : India’s premium smartphones market witnessed a surprisingly muted festive period as buyers deferred purchases citing lack of innovation, according to retailers and distributors. Read this | Diwali smartphone sales revive budget phones—for now “Samsung’s premium devices saw a clear downturn in demand from buyers during the festive period, even though it did strongly in the budget 5G …

Smartphone Sales Set to Soar This Diwali: AIMRA
2 months, 1 week ago

Smartphone Sales Set to Soar This Diwali: AIMRA

The Hindu  

Smartphone sales are expected to grow 25-35% this Diwali in India, driven by premiumisation and affordability. Premium segment of smartphones is experiencing significant growth, with premium segment of tablets also performing well. Consumers are also seeking to bring the theatre experience home with large-screen TVs and speakers witnessing a surge.

Apple fastest growing firm in India over the last 50 years, ​contributes 14 per cent to tech giant’s total production
4 months, 3 weeks ago

Apple fastest growing firm in India over the last 50 years, ​contributes 14 per cent to tech giant’s total production

Firstpost  

India’s role in Apple’s global production has grown substantially. This growth not only highlights Apple’s expanding influence in India but also marks it as the largest global value chain operating within the country, surpassing other multinational corporations. According to a recent Economic Survey, India now contributes approximately 14 per cent to Apple’s total production, a sharp increase from the 7 …

Sales of iPhone fall to three-year low as Apple’s popularity drops in China
5 months, 1 week ago

Sales of iPhone fall to three-year low as Apple’s popularity drops in China

The Telegraph  

Sales of the iPhone have fallen to the lowest level for three years after Apple’s popularity dropped in China and as shoppers wait for new models. However, the company saw another sales drop in China, where it has struggled in recent months as local rival Huawei has overcome US microchip sanctions to launch new high-end phones. Overall, however, Apple’s sales …

Xiaomi, followed by Vivo and Samsung, lead in smartphone shipments: Q2 2024
5 months, 1 week ago

Xiaomi, followed by Vivo and Samsung, lead in smartphone shipments: Q2 2024

The Hindu  

Chinese smartphone player Xiaomi has bagged the leading place in Q2 2024 with an 18.9% shipment share, closely followed by Vivo with 18.8% and Samsung with 18.1% share, noted Counterpoint Research. Nothing became the fastest growing brand in H1 2024, with 567% yoy growth in shipments due to new models like Phone 2a and CMF Phone 1, claimed Counterpoint. In …

Economic Survey 2023-24: 14% of global iPhones made in India in FY24, country's electronics export rank up
5 months, 2 weeks ago

Economic Survey 2023-24: 14% of global iPhones made in India in FY24, country's electronics export rank up

The Hindu  

US smartphone major Apple assembled 14% of global iPhones in India in FY24 and the country's ranking in global electronics export improved by four positions, Economic Survey 2023-24 said on July 22. "Apple assembled $14 billion worth of iPhones in India during FY'24, constituting 14% of its global iPhone production," the Economic Survey said citing third-party data. The survey recorded …

Indian smartphone market grows only by 1 percent in Q2 of 2024: Here are top manufacturers
5 months, 3 weeks ago

Indian smartphone market grows only by 1 percent in Q2 of 2024: Here are top manufacturers

India TV News  

The Indian smartphone market experienced only a 1 percent growth in the April-June quarter, with a total of 36.4 million units shipped, as stated in a report released on Thursday. Xiaomi regained the top position after six quarters, capturing an 18 percent market share with 6.7 million units shipped. Vivo closely followed, also shipping 6.7 million units, boosted by affordable …

Global smartphone market sees 6.5 per cent growth in Q2, Samsung and Apple lead: IDC Report
5 months, 3 weeks ago

Global smartphone market sees 6.5 per cent growth in Q2, Samsung and Apple lead: IDC Report

India TV News  

Global smartphone shipments have reportedly increased by 6.5 per cent in the second quarter of 2025, which will be driven by Samsung Electronics and Apple. Global smartphone shipment in the second quarter As per the Reuter report, it is marked as the fourth consecutive quarter of growth in global shipments, in which smartphone manufacturers are leveraging artificial intelligence to attract …

Global Smartphone Market Sees Biggest Growth In 3 Years; Samsung Retains Top Spot
5 months, 3 weeks ago

Global Smartphone Market Sees Biggest Growth In 3 Years; Samsung Retains Top Spot

ABP News  

The global smartphone market saw a significant upturn in the second quarter of 2024, with sales increasing by six per cent compared to the same period last year. Samsung Leads Market Share, Followed By Apple Several regions played a key role in driving this growth, particularly Europe and Latin America, where smartphone sales surged by over 10 per cent. Apple …

Apple exports iPhones worth over Rs 16,500 crore in April-May from India
6 months, 4 weeks ago

Apple exports iPhones worth over Rs 16,500 crore in April-May from India

India TV News  

Apple has reportedly achieved a significant milestone of exporting the ‘made in India’ iPhones which was worth more than Rs 16,500 crore in the first 2 months of the ongoing financial year. FY24 success and record production Apple has concluded FY24 with a substantial iPhone production value of around USD 14 billion in India. Strengthening domestic manufacturing Highlighting India’s growing …

Record breaking Q2 growth in India: Apple
8 months, 1 week ago

Record breaking Q2 growth in India: Apple

The Hindu  

Apple witnessed significant growth in India and the country remains a “major focus” said Apple Inc CEO Tim Cook. ‘’In terms of the operational side or supply chain side, we are producing there, from a pragmatic point of view, you need to produce there to be competitive,’‘ he said referring to India. In another India-involved call-out during the Q2 earnings, …

Apple shows its steepest quarterly decline in iPhone sales since pandemic's outset
8 months, 1 week ago

Apple shows its steepest quarterly decline in iPhone sales since pandemic's outset

NPR  

Apple shows its steepest quarterly decline in iPhone sales since pandemic's outset Enlarge this image toggle caption Mark Lennihan/AP Mark Lennihan/AP Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic's outset, deepening a slump that's increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. It marked the biggest …

Apple’s quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news
8 months, 1 week ago

Apple’s quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news

Associated Press  

Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. The 10% drop in year-over-year iPhone sales for the January-March period is latest sign of weakness in a product that generates most of Apple’s revenue. …

Apple suffers 10% drop in quarterly iPhone sales to start the year, biggest drop since pandemic
8 months, 1 week ago

Apple suffers 10% drop in quarterly iPhone sales to start the year, biggest drop since pandemic

LA Times  

The sun is reflected on Apple’s Fifth Avenue store in New York. Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic’s outset, deepening a slump that’s increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. It marked the biggest drop in iPhone sales since the July-September period in …

China's smartphone market grows 6.5% in Q1
8 months, 2 weeks ago

China's smartphone market grows 6.5% in Q1

China Daily  

By Sun Chi | chinadaily.com.cn | Updated: 2024-04-25 17:32 Customers try smartphones in the Pura 70 series at a Huawei retail store in Shanghai on April 19. China's smartphone market saw shipments reach about 69.26 million units, an increase of 6.5 percent in the first quarter of 2024 on a yearly basis, according to a latest report by market consultancy …

China's smartphone market grows 6.5% in Q1
8 months, 2 weeks ago

China's smartphone market grows 6.5% in Q1

China Daily  

By Sun Chi | chinadaily.com.cn | Updated: 2024-04-25 17:32 Customers try smartphones in the Pura 70 series at a Huawei retail store in Shanghai on April 19. China's smartphone market saw shipments reach about 69.26 million units, an increase of 6.5 percent in the first quarter of 2024 on a yearly basis, according to a latest report by market consultancy …

Samsung overtakes Apple as top smartphone maker in Q1 2024
8 months, 3 weeks ago

Samsung overtakes Apple as top smartphone maker in Q1 2024

The Hindu  

April 15, 2024 10:06 am | Updated 10:08 am IST Apple’s smartphone shipments took a hit by about 10% in the first quarter of 2024, according to a report published by Reuters on Monday, citing data from IDC. During the January- March period, Samsung reportedly captured 20.8% of the market share, clinching the top smartphonemaker position from Apple. In the …

Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?
8 months, 3 weeks ago

Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?

Hindustan Times  

Apple Inc.’s iPhone shipments were down nearly 10% in the first quarter of the year, losing ground as the broader smartphone industry rebounded, according to market tracker IDC. Apple iPhones are seen inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India. The Cupertino, California-based company has struggled to sustain sales …

India’s PC market declined 6.6% in 2023
10 months, 2 weeks ago

India’s PC market declined 6.6% in 2023

The Hindu  

India’s PC market inclusive of desktops, notebooks, and workstations shipped 13.9 million units in 2023, a decline of 6.6% YoY. The consumer segment witnessed a decline of 3.1% YoY and the commercial segment declined by 9.7% due to reduced demand from enterprises. The decision on import regulations, improving market sentiment, and aggressive push from vendors ensures market recovery in the …

Push towards premium is a journey, and we’ll persist: Xiaomi’s Muralikrishnan B
10 months, 3 weeks ago

Push towards premium is a journey, and we’ll persist: Xiaomi’s Muralikrishnan B

Hindustan Times  

After successive tough few quarters that saw Xiaomi lose significant chunk of their market share, Muralikrishnan B, president of Xiaomi India, decided in July 2023 that it was time for a no-compromise approach towards reconstructing the tech company’s India business. Xiaomi India president Muralikrishnan B “At the beginning of 2023, is when we realised a few things haven’t gone as …

Apple gets record shipments in India. This iPhone is sold most
10 months, 4 weeks ago

Apple gets record shipments in India. This iPhone is sold most

Hindustan Times  

In the October- December quarter, Apple achieved record shipments in the Indian smartphone market, capturing a 7 per cent market share, according to Canalys research. The report says that Indian smartphone vendors capitalised on robust festival season demand, propelling Q4 shipments to an impressive 3.89 crore units, representing a substantial 20 per cent year-on-year rebound. Additionally, discounts on the previous-generation …

Apple tops India smartphone revenue in 2023, nears $10 bn mark
11 months, 1 week ago

Apple tops India smartphone revenue in 2023, nears $10 bn mark

Live Mint  

Apple is projected to have pipped Samsung for the top spot in terms of revenue with almost one-third of Samsung’s total shipment volume—while Apple is said to have shipped just over 10 million iPhones last year, Samsung shipped over 27.3 million to capture 18% of the market. iPhone-maker Apple marked 2023 as the first year when it topped the smartphone …

Apple Pips Samsung For The First Time To Dominate Global Smartphone Shipments In 2023
11 months, 3 weeks ago

Apple Pips Samsung For The First Time To Dominate Global Smartphone Shipments In 2023

ABP News  

In 2010, a company other than Samsung last held the top position in the global smartphone market. This significant change is fueled by Apple's all-time high market share a first time at the top, says a report by International Data Corporation. According to preliminary data from IDC's Worldwide Quarterly Mobile Phone Tracker, 2023 witnessed a 3.2 per cent year-over-year decline …

Apple vs Samsung: iPhone maker overtakes South Korean giant as world's largest smartphone maker
11 months, 3 weeks ago

Apple vs Samsung: iPhone maker overtakes South Korean giant as world's largest smartphone maker

Firstpost  

In a historic shift, Apple’s iPhone outpaced Samsung’s smartphones to clinch the title of the world’s best-selling smartphone in 2023, marking the first time the South Korean tech giant has surrendered the top position since 2010. Meanwhile, Samsung experienced a 13.6 per cent decline in smartphone shipments, totalling 226.6 million units and securing a market share of 19.4 per cent, …

Apple's 'Made in India' iPhones contribute to Rs 65,000 crore in exports in 2023
1 year ago

Apple's 'Made in India' iPhones contribute to Rs 65,000 crore in exports in 2023

India TV News  

Apple has reportedly assembled the new iPhones which are worth more than Rs 1 lakh crore in India in 2023, as India doubles the down on local manufacturing. Riding on the local manufacturing growth, mobile phone exports from the country have surpassed USD 9 billion from April to November in the current fiscal year, as per the India Cellular and …

Smartphones see a muted ’23, this year may be better
1 year ago

Smartphones see a muted ’23, this year may be better

Live Mint  

New Delhi: India’s smartphone market cooled for a second straight year in 2023, analysts polled by Mint said, even as they expect the year ahead to be better than the last. Smartphone volumes at 144-145 million units in 2023 remained unchanged from the previous year or were slightly less, four telecom analysts polled by Mint said. However, helped by higher-priced …

India’s smartphone market sees flat growth in September quarter
1 year, 2 months ago

India’s smartphone market sees flat growth in September quarter

Live Mint  

New Delhi: India’s smartphone market posted almost flat year-on-year growth during the second quarter of 2023-24, with shipments of 44 million units. Next year, we will see affordable 5G and foldable phones at the mid to premium end, but inflationary stress and longer refresh cycles may limit annual market growth in 2024,” said Navkendar Singh, assistant vice- president, devices research, …

1.5 Million iPhones Were Sold In India During Festive Sales In October
1 year, 2 months ago

1.5 Million iPhones Were Sold In India During Festive Sales In October

News 18  

Apple continues to make merry in India and most of the demand is coming for the older iPhone models in the country once again. That’s right, millions of people have bought the iPhone 14, iPhone and even the iPhone 12 models over the past few weeks thanks to the special festive online sales. The details come via a report from …

Apple's upcoming iPhone 15 series could overtake Samsung in global smartphone market: Report
1 year, 4 months ago

Apple's upcoming iPhone 15 series could overtake Samsung in global smartphone market: Report

India TV News  

A recent report by market intelligence company TrendForce suggests that Apple's upcoming iPhone 15 series has the potential to challenge Samsung's long-standing position as the global market leader in smartphones. The global smartphone production industry has faced consecutive quarterly declines, with the second quarter of 2023 witnessing a 6.6 per cent drop, resulting in a total production of approximately 272 …

Global smartwatch shipments increase in Q2, 2023 driven by soaring demand in India: Report
1 year, 4 months ago

Global smartwatch shipments increase in Q2, 2023 driven by soaring demand in India: Report

The Hindu  

Global smartwatch shipments increased 11% YoY in Q2 2023 after declining for two consecutive quarters, Q4 2022 and Q1 2023. China’s market also recorded a modest increase, while the North American market posted a decline of 9%, industry analysis firm, Counterpoint said in a blog post. While China’s market share declined, shipments grew 5% from Q2 2022 with the share …

India's PC Market Shrinks For Fourth Consecutive Quarter: IDC Report
1 year, 4 months ago

India's PC Market Shrinks For Fourth Consecutive Quarter: IDC Report

News 18  

India’s traditional PC market, including desktops, notebooks, and workstations, faced challenges as it dispatched only 3.2 million units during the second quarter of 2023, according to new report from International Data Corporation. Despite growing by 5.9 per cent quarter-over-quarter, India’s PC market experienced a 15.3 percent decline year-over-year in 2Q23, as indicated by IDC’s Worldwide Quarterly Personal Computing Device Tracker. …

Global smartphone shipments expected to decline to lowest in a decade in 2023: Report
1 year, 4 months ago

Global smartphone shipments expected to decline to lowest in a decade in 2023: Report

The Hindu  

Global smartphone shipments are expected to decline by 6% to 1.15 billion units, the lowest in a decade. Regional macro risks extending smartphone replacement rates, and negative growth rates in Asia ex-China/India, North America, and China are likely being the biggest drivers of negative growth, Counterpoint said in a blog post. Asia is being seen as one of the major …

Apple Supplier Foxconn Begins iPhone 15 Production in India
1 year, 4 months ago

Apple Supplier Foxconn Begins iPhone 15 Production in India

Deccan Chronicle  

Apple Inc.’s next-generation iPhone 15 is beginning production in Tamil Nadu, in an effort to further narrow the gap between its India operations and main manufacturing base in China. “Apple’s increased production in India will lead to more of its supply chain moving to the country,” said Shilpi Jain, a senior analyst at Counterpoint Research. Other Apple suppliers in India …

India’s wearable market registers 53% growth, ASP declines: Report
1 year, 4 months ago

India’s wearable market registers 53% growth, ASP declines: Report

The Hindu  

India’s wearable market registered 53.3% YoY growth shipping 57.8 million units in the first half of 2023, claimed International Data Corporation. Smartwatch shipments almost doubled to 12.8 million in 2Q23, while the earwear shipments grew by 15.2% YoY. In terms of brands, boAt leads the wearable market with 26.6% share followed by Noise with 13.5% market share, and Oppo with …

New battles define a slowing Indian smartphone market
1 year, 5 months ago

New battles define a slowing Indian smartphone market

Hindustan Times  

Which brand is the number one smartphone maker in India at present? “Despite an overall decline in smartphone shipments, the 5G smartphone segment showed promising performance capturing 47% market share; up from 31% in Q2 2022,” says Shipra Sinha, analyst for Industry Intelligence Group at CyberMedia Research. Research firms IDC and TechInsights Inc in their reports peg Vivo as having …

Samsung leads 5G market share in Q2 in India; smartphone shipments decline overall: Report
1 year, 5 months ago

Samsung leads 5G market share in Q2 in India; smartphone shipments decline overall: Report

The Hindu  

Samsung leads the 5G smartphone market in India with a 24% market share, followed by OnePlus, noted CyberMedia Research ’s Q2 2023 data released on Friday. Meanwhile, smartphone market shipments declined 6% YoY, while the overall mobile market declined by 2% YoY. Premium segment recorded 9% YoY growth, the super-premium smartphone segment grew 95% and the uber-premium segment witnessed 133% …

Apple achieves June quarter record in India with strong iPhone sales, says Tim Cook iPhone
1 year, 5 months ago

Apple achieves June quarter record in India with strong iPhone sales, says Tim Cook iPhone

India TV News  

Apple's CEO Tim Cook announced that the company achieved record-breaking June quarter results in India, driven by strong iPhone sales. Apple's local manufacturing also achieved record-breaking success, with iPhone exports reaching Rs 10,000 crore in May, contributing to total mobile shipments of Rs 12,000 crore that month. Luca Maestri, Apple's CFO, highlighted an all-time revenue record for iPhone in India …

Top 10 Smartphone Brands in India 2023: Vivo no.1 But Xiaomi no. 5
1 year, 5 months ago

Top 10 Smartphone Brands in India 2023: Vivo no.1 But Xiaomi no. 5

News 18  

Vivo is the surprising leader of the Indian smartphone market in Q2 2023 as per the latest industry reports. Vivo’s position was already growing thanks to its market strategy and now with Xiaomi droppin way down to number 5 on the list, the brand has managed to surpass the likes of Samsung to become the leading brand in the market. …

India’s premium smartphone shipments grew 112% YoY in Q2 as overall demand improved
1 year, 5 months ago

India’s premium smartphone shipments grew 112% YoY in Q2 as overall demand improved

The Hindu  

Smartphone shipments in India declined by 3% year-over-year in Q2 2023, down from 19% in Q1. Meanwhile, the premium segment in the country grew by 112% YoY in Q2 2023, contributing a record 17% to overall shipments, Counterpoint, a global analysis firm, said in a blog post. At the consumers’ end, falling inflation and better growth prospects along with 5G …

Global smartphone market declined 8% YoY in Q2 2023, premium segment remains immune: report
1 year, 5 months ago

Global smartphone market declined 8% YoY in Q2 2023, premium segment remains immune: report

The Hindu  

The global smartphone market declined 8% year-over-year in Q2 2023, making it the eighth consecutive quarter to witness YoY decline. The slowdown in growth can be attributed to the global smartphone market moving past its growth phase, consumer replacement cycles getting longer, convergence in device innovation, and the emergence of a more mature refurbished market for smartphones. Premium segment remains …

Global PC shipments decline 15% YoY in Q2 2023: report
1 year, 5 months ago

Global PC shipments decline 15% YoY in Q2 2023: report

The Hindu  

Global PC shipments fell 15% year-over-year in Q2 2023. Inventory levels also continued to normalise, with shipments decline in Q2 of 2023 being seen as relatively stabilising since the shipment downturn in Q1 2022, Counterpoint shared in a blogpost. HP and Apple sidestep shipment decline While HP and Apple avoided suffering decline in shipments in the second quarter of 2023, …

Apple’s ‘Dil Maange More’: Wants to increase global iPhone production in India to 18% by 2025
1 year, 6 months ago

Apple’s ‘Dil Maange More’: Wants to increase global iPhone production in India to 18% by 2025

Firstpost  

It seems that Apple wants to place some big bets on its Indian factories, and the local, Indian companies that it has partnered up with. The tech giant wants to increase India’s share in the global production of iPhones from 7% to 18% by 2025 Apple is really pushing to increase its organic presence in India. Apple recognises India’s emerging …

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