News : In Graphic Detail: Smartphone market

Sunday, September 3, 2023

In Graphic Detail: Smartphone market

September 4, 2023

Hanging on

📱 According to the International Data Corporation (IDC), the Philippine's smartphone market declined by 2.1% year over year and 20% quarter over quarter bringing in 4.2 million units in 2Q23. This rate of decline is slower than previous period.

📱 Transsion took a sizeable lead, accounting for 38% of total shipments in 2Q23 and retaining the top spot for two consecutive quarters. This was driven by its increased channel coverage throughout the country and multiple model launches.

📱 Though inflation in the Philippines is slowing down, consumer appetite for spending remains cautious in the face of higher prices of goods and economic uncertainty. IDC expects more competition and growth in the lower-price segments.

The sales of smartphones in the country showed another quarter of decline, albeit at a slower rate, as consumers tightened their belts amid elevated prices of commodities, according to International Data Corp. (IDC).

'Dumbphone' fans disconnect in face of smartphone dominance

San Francisco, United States — Shunning his smartphone for a "dumb" one changed the way Jose Briones engages with the world — and he likes it that way. The 27-year-old Colorado resident turns to CDs when he wants music, instead of streaming it.

Apple and Samsung to invest in SoftBank's Arm at IPO -Nikkei

TOKYO –Apple and Samsung Electronics will invest in SoftBank Group-owned chip designer Arm at its initial public offering (IPO), expected in September, Japan's Nikkei newspaper reported on August 8.

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