The African smartphone market saw smartphone shipments grow by 6% year-on-year to 17.8 million units in Q2 2024, continuing recovery over the past three quarters against macroeconomic volatility.
Xiaomi reportedly revealed plans to invest CNY50 billion (US$6.9 billion) over the next 10 years to develop its own mobile processors, and is set to unveil such chips this week.
The Southeast Asian smartphone market rebounded in 2024 as vendors shipped 96.7 million units, an annual growth rate of 11%, snapping two years of decline.
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