IDC Increases Global Smartphone Shipment Forecast Amid GenAI Innovations

Reported about 1 month ago

Research firm IDC has raised its forecast for global smartphone shipments to a projected 1.23 billion units in 2024, attributing this optimism to significant growth in the first half of the year, bolstered by consumer demand for innovative AI features. This revision comes amid hopes that advanced capabilities in new smartphones will stimulate market activity, particularly in the U.S. and China, which are poised for recovery from previous downturns.

Source: YAHOO

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