Smartphones bloom in emerging markets
BusinessTech.co.za - Jun 18th, 08:04
Global smartphone shipments are expected to reach 958.8 million units in 2013, surpassing feature phone shipments for the first time, the IDC says.
According to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphones are expected to account for 52.2% of all mobile phones shipped in 2013.
The firm expects the trend to continue, with smartphone shipments growing most rapidly in emerging markets, which will account for 64.8% of units shipped in 2013.
Driving smartphones forward has been a perfect combination of strong demand from end users, greater emphasis by both carriers and vendors, and a deep selection of devices available at multiple price points, the IDC said.
“2013 will mark a watershed year for smartphones,” said Ramon Llamas, research manager for IDC’s Mobile Phones program.
“If you look at the number of vendors who support both feature phones and smartphones, many of them have not only successfully transitioned their product portfolios to highlight smartphones, but smartphones have become their primary value proposition going forward.”
“In some cases, smartphones have accounted for well over 50% of their quarterly shipment volume. Looking ahead, we expect the gulf between smartphones and features phones to grow ever wider.”
Prices coming down
With the rise in global smartphone shipments, demand has quickly spread from developed markets to emerging markets, the IDC said.
As a result, smartphone average selling prices (ASPs) have declined to $372 in 2013, down from $407 in 2012 and $443 in 2011.
As this trend continues, smartphone ASPs are expected to drop as low as $309 by 2017 with emerging market demand the main catalyst in this change.
“Smartphones have become increasingly common in emerging markets and it is often the first affordable means of computing for these markets,” said Ryan Reith, program manager for IDC’s Mobility Trackers.
“These are markets where average personal income is far less than in developed markets, and therefore vendors have been forced to create smartphone computing experiences for the low end of the market,” he said.From BusinessTech.co.za
Samsung surges to new profit high
25/10/2013 - 09:51
Samsung Electronics Co Ltd’s quarterly operating profit surged 26 percent to a new record, matching estimates and powered by a strong recovery in its memory chip business as smartphone sales growth eases sharply.
Customers reward a better, stronger and clearer Pick n Pay
23/10/2013 - 10:54
In an extremely competitive market, customers have responded positively to decisive action by Pick n Pay to improve the shopping trip. In the first six months to 01 September 2013, the company delivered an improved financial performance over the previous period, growing Group till sales (owned and franchise stores) by 8.1%.
HTC CEO wants to claw back smartphone market share
23/10/2013 - 10:30
HTC Corp’s chief executive has handed some duties to the company’s chairwoman as the smartphone maker struggles to claw back market share from Apple Inc and Samsung Electronics Co Ltd, the Financial Times reported.
Meatco and Witvlei bid for Norwegian meat quota, Namibia
22/10/2013 - 08:31
Meat processing companies, Meatco and Witvlei Meat, have once again bid for the lucrative beef export quota to Norway, which is set at 1600 tonnes per year and pays 72% more than exports to other parts of Europe. Earlier this month, the Meat Board of Namibia requested for bids for the Norway quota from local meat companies.
PC market doing better than expected
15/10/2013 - 07:55
Despite a year on year decline of 7.6%, the worldwide PC market didn’t do as badly as it was expected to do in Q3 2013.