China's flexible OLED manufacturers have been rapidly advancing their technology and boosting their shipments, posing a substantial challenge to Samsung Display's dominance.
Groundhog Technologies, an AI software firm specializing in the telecommunications sector, predicts that the primary growth drivers for 2024-2025 will emerge from high-population regions like Southeast Asia, as 5G adoption accelerates in Europe, the US, and various Asian markets.
Google announced plans to launch an affordable Android One smartphone in India, suggesting it may not partner with Reliance Jio for smartphone development. Google is expected to ramp up its made-in-India efforts to compete in this highly competitive market.
Apple Inc. will open its first retail location in Malaysia next month as it expands its presence in Southeast Asia to augment both sales and operations outside of China.
The global market expects a recovery of positive growth in the mobile phone market in 2024, with an anticipated growth of 2-4% over 2023. However, the overall recovery still appears slow.
As Chinese display industries dominate the LCD industry, they are now capable of controlling not only the availability but also prices, meanwhile affecting the capabilities of supply to various brands, which highlights their significance.
Google plans to partner with Foxconn and Dixon Technologies to make Pixel smartphones in India. India's local companies continue to foray into the chipmaking business.
After registering a 72% growth in smartphone shipments in the first quarter, Poco, a sub-brand of Xiaomi, is looking to reach an annual smartphone shipment of ten million units in three years in India.
