Global Smartphone Market to Shrink in 2019, Says TrendForce
11:11:59 2019-01-15 787

he global smartphone market is expected to shrink further in 2019 due to weaker demand and other unfavourable factors, a report said on Tuesday.

 

Global smartphone production is expected to reach 1.41 billion units this year, down 3.3 percent from the previous year, according to the report from TrendForce, a market intelligence provider.

 

Replacement demand is likely to slacken this year due to a lack of devices with landmark functions, TrendForce said, adding global smartphone output could drop as much as 5 per cent on-year due to the uncertainty and fallout from the ongoing trade war between the US and China, Yonhap news agency reported.

 

Samsung Electronics Co is projected to grab the leading market share of 20 percent this year, followed by Huawei with 16 percent and Apple with 13 percent.

 

Among the top three industry players, Huawei will likely become the only company to post positive growth in smartphone production.

 

Samsung's smartphone output is predicted to shrink 8 percent on-year to 293 million units, with Apple's production likely to fall 15 percent to 189 million.

 

Earlier, another industry tracker, Strategy Analytics, predicted global smartphone shipments to come to 1.43 billion this year, down 0.6 percent from a year earlier.

 

Strategy Analytics forecast a market share of 20.3 percent for Samsung, 16.1 percent for Huawei and 14.4 percent for Apple.

 

TrendForce said Samsung will likely take a more aggressive strategy in terms of price and specifications as the company finds it hard to tap new business areas.

 

Samsung plans to roll out its Galaxy M mid-range and low-end smartphones in India at the end of this month and unveil its Galaxy S10 flagship smartphone and foldable smartphone in San Francisco next month in a bid to create new demand and outperform Chinese rivals.

Staff problems   2025-03-20
Reality Of Islam

Contrast of Teaching

12:1:17   2025-04-15  

Education and Chastity

2:4:59   2025-04-08  

Education and Environment

11:58:8   2025-04-05  

Education and Willpower

11:26:25   2025-03-27  

A Mathematical Approach to the Quran

10:52:33   2024-02-16  

mediation

2:36:46   2023-06-04  

what Allah hates the most

5:1:47   2023-06-01  

allahs fort

11:41:7   2023-05-30  

striving for success

2:35:47   2023-06-04  

Imam Ali Describes the Holy Quran

5:0:38   2023-06-01  

livelihood

11:40:13   2023-05-30  

silence about wisdom

3:36:19   2023-05-29  

MOST VIEWS

Importance of Media

9:3:43   2018-11-05

Illuminations

education importance

7:26:19   2022-04-08

hud & his people

7:45:39   2018-06-21

teaching

3:43:50   2022-11-05

educators

9:50:37   2023-02-28

friendship

2:13:43   2022-05-27

different roles

9:42:16   2022-10-19

anti racism

9:30:2   2021-11-12



IMmORTAL Words
LATEST Freshwater Is Suffocating: According to Scientists, It is a Global Emergency Most People Do not Get Enough Vitamins – This Scientist Has a Seed-Based Solution Shocking Simplicity: Scientists Turn Falling Rain into Renewable Energy Beware of Certain Behaviors When Communicating with Your Child Interpretation of Sura Hud - Verses 27-29 Contrast of Teaching Outstanding Strength: Next-Gen Copper Alloy Pushes Past Limits of Traditional Materials No Starving Required: This Simple Diet Rivals Intermittent Fasting, Study Finds As Unique as Snowflakes: Scientists Reveal No Two Glaciers Are Alike Education and Chastity Interpretation of Sura Hud - Verses 24-26 A Message to Charitable People