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Global Smartphone Market is Expected to Shrink in 2019

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

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Global smartphone market to shrink in 2019.

The 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 per cent from the previous year, according to the report from TrendForce, a leading 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 per cent this year, followed by Huawei with 16 per cent and Apple Inc with 13 per cent.

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

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

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

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

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Strategy Analytics forecast a market share of 20.3 per cent for Samsung, 16.1 per cent for Huawei and 14.4 per cent 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. (IANS)

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Chinese Smartphone Manufacturer Xiaomi Working on New Smartphone with Periscope Lens

Flagship smartphones from Chinese brands, namely the Huawei P30 Pro and Oppo Reno 10X Zoom have already used a periscope lens to enhance photography experience

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Xiaomi
Xiaomi.

Chinese smartphone manufacturer Xiaomi is reportedly working on a new smartphone with a periscope lens.

As per a report by a Chinese publication MyDrivers citing the company’s recent application carrying titled ‘Camera Components and Electronic Devices’, it appeared to be working on a device with a periscope lens.

The patent carries an application number CN201822150093.2, dated December 20, 2018, which was released to the public few days back.

It is not yet known in which of its upcoming smartphones will Xiaomi use this new technology.

Xiaomi
Chinese smartphone maker Xiaomi on Friday announced that it was permanently cutting the prices of five of its handsets in India.

As it is a premium feature, one can expect it to be used by a high-end smartphone such as the Mi Mix 4.

Recently various speculations have also hinted that an upcoming smartphone from the company might use a 64MP Samsung ISOCELL GW1 sensor.

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Flagship smartphones from Chinese brands, namely the Huawei P30 Pro and Oppo Reno 10X Zoom have already used a periscope lens to enhance photography experience. (IANS)