VietNamNet Bridge - Smartphone distribution is no longer the major driving force for technology product retailers, who are now trying to make money from FMCG (fast moving consumer goods) and food sales. FMCG sales have been increasing rapidly CNN Business cited reports from Canalys and Counterpoint Research as saying that smartphone sales in the globe decreased by one percent in 2018. Smartphone distribution is no longer the major driving force for technology product retailers, who are now trying to make money from FMCG (fast moving consumer goods) and food sales. The impressive sales growth then prompted The Gioi Di Dong (MWG) to increase its number of shops from four in 2009 to 1,072 in 2017. The boom of the smartphone market brought fat profits to the largest smartphone retail chain. RELATED NEWS Local FMCG expected to grow by 5-6% this year: Kantar Worldpanel FMCG companies eyed by foreign firms Mai Chi … [Read more...] about Smartphone market saturated, distributors now selling FMCG
Mar 04, 9:09 PM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Felix Richter 03/04/19 AT 9:05 PM The chart shows which features would get smartphone users in the U.S. excited about buying a new model. Photo: IBT/Statista After years dominated by incremental upgrades rather than eye-catching innovations, the smartphone industry finally had something new to show off at last week’s Mobile World Congress. Foldable phones, i.e. phones with actual foldable displays as opposed to the flip phones popular in the early 2000s, are the next big thing in the smartphone market, at least that’s what the industry wants us to believe.Consumers aren’t quite convinced of the new concept though, especially considering the price tags that the first foldable phones unveiled by Samsung and Huawei carried. At $1,980 and $2,600, respectively, both phones are priced similarly to high-end laptops, raising the question as to … [Read more...] about Infographic: Are Foldable Phones The Next Big Thing In The Smartphone Market?
By Dan Gallagher WSJ Wed., Feb. 20, 2019 Samsung Electronics clearly took a page from Apple Inc. with this year’s crop of new smartphones. It will probably learn a painful lesson from its rival as well. Still the world’s largest seller of smartphones by market share, Samsung unveiled its latest crop of devices on Wednesday. They include three new variants of its Galaxy S family along with a new model featuring a flexible display known as the Galaxy Fold. The company also announced a 5G version of the Galaxy S10, though price and launch date are still undetermined given the limited availability of actual 5G networks. With the expanded lineup, the Korean tech giant is clearly looking to appeal to a wide base of users with different preferences in size as well as price. The new phones range from a starting price of $750 to a whopping $1,980 for the fold-up version. Apple took a similar tack with its latest lineup of iPhones launched late last year. What … [Read more...] about Samsung Can’t Bend Smartphone Market Realities
SAN FRANCISCO - The smartphone market is down but not out, with high prices and other factors combining to chill what had previously been a red-hot sector. Fresh surveys show global sales had their worst contraction ever in 2018, and the outlook for 2019 isn't much better. Still, analysts don't see the sun setting any time soon on the smartphone era, seen as a must-have device for many people around the world. "They don't have a viable replacement yet," independent Silicon Valley analyst Rob Enderle said of the smartphone. "There is always the possibility to go to wearables or head-mounted displays, but none of those have emerged as a real threat." Worldwide handset volumes declined 4.1 percent in 2018 to a total of 1.4 billion units shipped for the full year, according to research firm IDC, which sees a potential for further declines this year Another market tracker, Gartner, said its research suggested some stabilization in the smartphone market at the end of last year, said analyst … [Read more...] about Once red-hot smartphone market sees cooler trend
WASHINGTON - Global smartphone sales saw their worst contraction ever in 2018, and the outlook for 2019 isn't much better, new surveys show. Worldwide handset volumes declined 4.1 percent in 2018 to a total of 1.4 billion units shipped for the full year, according to research firm IDC, which sees a potential for further declines this year. "Globally the smartphone market is a mess right now," said IDC analyst Ryan Reith. "Outside of a handful of high-growth markets like India, Indonesia, (South) Korea and Vietnam, we did not see a lot of positive activity in 2018." Reith said the market has been hit by consumers waiting longer to replace their phones, frustration around the high cost of premium devices, and political and economic uncertainty. The Chinese market, which accounts for roughly 30 percent of smartphone sales, was especially hard hit with a 10 percent drop, according to IDC's survey, which was released Wednesday. IDC said the top five smartphone makers have become stronger … [Read more...] about 2018 ‘worst year ever’ for smartphone market: survey