Smartphone sales will mount a comeback starting in 2024, defying growing warnings of a prolonged slump across the mobile sector, according to separate projections by Goldman Sachs and Morgan Stanley r
Apple just saw its highest-ever quarterly shipments in India in Q3. The numbers come as the country’s overall numbers remain flat. Between July and September, the Cupertino firm shipped more tha
India’s anti-smuggling agency said that phone-vendor Vivo’s local unit had evaded customs duty of over $280 million, roughly a month after the country’s anti-money laundering agency
New numbers from Counterpoint Research paint a rough picture for China’s smartphone market. Things show a steady climb, dating back to the iPhone 5’s 2012 launch, before peaking in December 2016 a
Xiaomi said on Wednesday it has shipped over 200 million smartphones in India to date, demonstrating just how large of a presence it has marked in the world’s second-largest phone market in just eig
Bad news about smartphone shipments has become the norm, rather than the exception, in recent years. The trend pre-dates the pandemic, but has only accelerated during the pandemic, thanks to various e
India’s Directorate of Revenue Intelligence, part of the country’s finance ministry, said on Wednesday phone-maker Oppo’s India unit evaded customs duty of $550 million, following si
China’s embassy in India has criticized Indian authorities in a statement for “frequent investigations” into local units of Chinese firms and warned that such moves “impede the
Update: India’s law enforcement agency said Thursday it seized $58.7 million from Vivo’s 119 bank accounts after raiding its 48 offices earlier this week. The agency noted (PDF) that it al
Supply chain issues continue to have a major impact on smartphone manufacturers per newly released figures from analyst firm Canalys — global shipments grew only 1% year over year in the final q
A banner quarter for Xiaomi helped the Chinese mobile company snag the No. 2 spot in global smartphone shipments, according to newly posted Q2 numbers from research firm Canalys. It’s pretty stunnin
There are more signs of the global smartphone market righting the ship after a disastrous 2020. New figures from Gartner point to 26% increase in global sales year over year for the first quarter of 2
Huawei’s smartphone rivals in China are quickly divvying up the market share it has lost over the past year. Indeed, 92.4 million units of smartphones were shipped in China during the first quar
Tens of millions of people each year purchase a second-hand smartphone in India, the world’s second-largest market. Phone makers and giant online sellers such as Amazon and Flipkart are aware of
The impact of United States government sanctions on Huawei is continuing to hurt the company and dampen overall smartphone shipments in China, where it is the largest smartphone vendor, according to a
Starting a new phone brand in 2018 might seem too late in an already crowded market, but Sky Li was convinced that consumers between 18-25 years old were largely underserved — they needed someth
China was the first major global smartphone market to rebound from the early days of the COVID-19 pandemic. Stringent lockdown measures were able to help the country recover from the virus relatively
Xiaomi, which has led the Indian smartphone market for three consecutive years, has ceded ground to its long-rival Samsung in the world’s second largest market, according to a new report. According
Smartphone shipments reached an all-time high in India in the quarter that ended in September this year, as the world’s second largest handset market remained fully open during the period after init
More than a third of the world’s smartphone sales come from Chinese vendors Huawei, Xiaomi and Oppo. These manufacturers have thrived not only because they offer value-for-money handsets thanks
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