Just In
- 43 min ago Qubo InstaView Video Door Phone Launched in India: Check Price, Features
- 1 hr ago OnePlus Watch 2 New Nordic Blue Colour Option Launched; Here’s How Much It Costs
- 1 hr ago Dell Alienware x16 R2 Launched in India With up to Intel Core Ultra 9 SoC & RTX 4090 GPU – Check Price, Specs
- 1 hr ago WhatsApp Introduces Passkey Support for Enhanced Security on iOS – Here’s How To Set It Up
Don't Miss
- Movies Vijay Verma to Navneet Malik: Top 5 Antagonists In OTT World Who Left Everyone In Awe Of Their Performances
- Sports BAN vs ZIM: Sikandar Raza to lead Zimbabwe in Bangladesh T20Is, former captain's son named in squad
- Finance Rs 8.50/Share Dividend Recommended: Nestle India Reports 27% YoY Jump In Profit
- Automobiles FanCode Brings The 2024 DTM Season To India With Exclusive Broadcast Rights
- Education JEE Main Result 2024 Out, Check Category- Wise Toppers' List Here
- Lifestyle Heeramandi Screening: Alia Bhatt, Ananya Panday, Rashmika Mandanna And Others Serve Finest Ethnic Style!
- News Karnataka Weather Alert: Clouds And Sun to Play Together In Bengaluru Weather Forecast
- Travel Escape to Kalimpong, Gangtok, and Darjeeling with IRCTC's Tour Package; Check Itinerary
Chinese smartphone market expected to cool this year: report
The once-hot smartphone market in China is expected to cool this year, growing a meager 1.2 per cent, according to a report released today. The China smartphone market grew 19.7 per cent last year and accounted for nearly a third of all new handsets shipped, according to the International Data Corporation's Worldwide Quarterly Mobile Phone Tracker report.
Click Here For The Latest Smartphone Gallery
"China clearly remains a very important market. However, the focus will be more on exports than consumption as domestic growth slows significantly," said IDC program director Ryan Reith. The forecast came a day after Apple chief executive Tim Cook said that the California-based company is still seeing "strong growth" in China despite a recent global stock market downturn.
SEE ALSO: FitBit Officially Enters India today with 7 New Wearables Including FitStar Personal Trainer
"Obviously I can't predict the future, but our performance so far this quarter is reassuring. Additionally, I continue to believe that China represents an unprecedented opportunity over the long term," Cook wrote to CNBC's Jim Cramer in an email released by the cable channel. IDC trimmed its forecast slightly for the total number of smartphones it expects to be shipped worldwide this year, placing that growth at 10.4 per cent, or 1.44 billion units.
Regions with the largest potential for growth in smartphone sales are price sensitive, meaning iPhones are not likely to wrest market share from lower-cost handsets powered by Google-backed Android software, according to IDC. IDC forecast that shipments of Android smartphones would grow from 1.16 billion this year to 1.54 billion in 2019, while iPhone shipments were expected to grow from 223.7 million to 269.6 million during that same time period.
SEE ALSO: GizBot Giveaway: We're Are Giving Away 25 OnePlus 2 Invites!
It also predicted that Android would hold on to its 81 per cent share of the smartphone market. "India has captured a lot of the attention that China previously received and it's now the market with the most potential upside," Reith said. "The interesting thing to watch will be the possibility of manufacturing moving from China and Vietnam over to India."
Source PTI
-
99,999
-
1,29,999
-
69,999
-
41,999
-
64,999
-
99,999
-
29,999
-
63,999
-
39,999
-
1,56,900
-
79,900
-
1,39,900
-
1,29,900
-
65,900
-
1,56,900
-
1,30,990
-
76,990
-
16,499
-
30,700
-
12,999
-
11,999
-
16,026
-
14,248
-
14,466
-
26,634
-
18,800
-
62,425
-
1,15,909
-
93,635
-
75,804