- After growing ~60% in 2013 (and fueling global shipment growth of 39%), IDC expects Chinese smartphone shipment growth to slow to ~20% in 2014 and just ~10% in 2015.
- Though only 40% of China's 1B+ mobile users now use a smartphone, IDC's Kiranjeet Kaur notes most users who can comfortably afford a smartphone have already bought one. Plunging low-end Android prices could expand the addressable market in a country whose nominal per capita GDP is around $6K.
- India, which has a sub-10% smartphone penetration rate, still presents a major growth opportunity. But with a nominal per capita GDP of ~$1,500, the country is even more cost-sensitive than China.
- With China slowing down and developed markets living up to their name, IDC expects global smartphone growth to slow to 19% in 2014; that still spells total volumes of 1.2B. Tough competition and the ongoing mix shift towards emerging markets is expected to lead the industry's ASP to fall $27 to $308.
- Smartphone OEMs with strong Chinese exposure: AAPL, SSNLF, LNVGY, ZTCOY
- Chip suppliers: QCOM, BRCM, CRUS, SWKS, RFMD, MRVL
- Chinese carriers: CHL, CHU, CHA
- Source: Seeking Alpha
Give a more longer term perspective of Economic trends and the Macroeconomic and Monetary Interdependence of the Global Economy. With the Background of this approach the blog will deal with the implications for Investment decisions. The author believes that China and the Asia Pacific Region are and will be the powerhouse for the global economic growth for years to come. It will also cover IT because of its momentum driver for economic growth.
Wednesday, 5 March 2014
IDC: Chinese, global smartphone growth to slow rapidly in 2014/2015
Popular Posts
-
China National Offshore Oil Corp. (CNOOC), China's biggest offshore oil and gas producer, announced on Friday that its Rochelle gas f...
-
Protest parties racked up gains across the 28-nation European Union in elections to the bloc’s Parliament, turning the assembly designed t...
-
Two workers were killed on Wednesday when a crane collapsed at the stadium hosting the opening match of next year's World Cup of socce...
-
"Crimea continues to make the headlines but is having an increasingly smaller impact on markets, though Germany remains sensitive to ...
-
U.S. crude oil futures inched down on Monday following gains in the previous session, dragged lower by signs of increased supply from Li...
-
Chinese shares jumped on Tuesday as the country's securities regulator is reportedly delaying massive resumption of initial public o...
-
Facebook has agreed to buy start-up app-maker Onavo, the Israeli company said on its website on Monday, without giving any details of the ...
-
China's producer price index (PPI) contracted 2 percent year on year in April, following a 2.3-percent decline in March, data from th...
-
The new government announced in December 2012 a new policy to end decades-long deflation and raise growth. The new policy framework—“three...