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China’s influence on the global smartphone market was felt strongly in the first quarter, as it soaked up 40% of total unit shipments, research firm IDC said Wednesday. “The face of the smartphone market is changing rapidly to reflect the rise of its largest market, China, where a record 40% of the smartphones shipped worldwide in 1Q14 were bound to Chinese consumers,” analyst Melissa Chau said in IDC’s Q1 smartphone report. “In a quarter where global shipments declined sequentially, China bucked the trend. “The market benefited from its seasonal Lunar New Year uptick, greater emphasis on 4G devices following the December TD-LTE network launch, and the official launch of Apple (AAPL) at China Mobile (CHL) resulted in volumes a third higher than 4Q13 levels.” Worldwide smartphone shipments totaled 281.5 million units in Q1, down 2.8% from Q4 but up 28.6% from Q1 2013, IDC said. IDC expects total smartphone… Scalper1 News
Scalper1 News