Smartphone financing company M-KOPA hailed reaching the milestone of providing over five million customers with loans in Africa totalling US$1.5 billion.
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.
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.
The Indian government has instructed major smartphone vendors to pre-install its Sanchar Saathi cybersecurity app on all new devices in an effort to curb spam, fraud and rising cybercrime, Reuters reported.