Reported over 1 year ago
Following a recent downturn of nearly two years, the global smartphone market is expected to see a new wave of recovery in the second half of this year with the help of AI applications. The spotlight is on Apple's iPhone 16 series and Google's Pixel 9, driving performances of major players in the smartphone supply chain. According to IDC's latest report, global smartphone shipments in 2024 are estimated to grow by 4%, reaching 1.21 billion units, and expected to increase by 2.3% next year. Factors contributing to the resurgence include brands actively adopting AI applications to attract consumers and the ongoing increase in 5G penetration and popularity. Industry insiders emphasized the irreversible trend of 5G and AI, indicating that flagship smartphones must incorporate AI features to remain competitive in the market.
Source: YAHOO