Apple has reportedly offered to invest an additional US$100 million in Indonesia to convince the government to approve its new iPhone 16 to be sold in the country.
The global smartphone market recorded flat growth in the first quarter of 2025, as signs of saturation emerge in key developing regions, according to the latest report from analyst firm Canalys.
The Latin American smartphone market surged by 15% in 2024 to 137 million units, with Korean vendor Samsung maintaining its position as the market leader by shipments.
Egypt’s Prime Minister Mostafa Madbouly has inaugurated Oppo’s new smartphone factory, marking another milestone in the country’s expanding electronics manufacturing sector.