Emerging markets drive smartphone rebound

Global smartphone shipments are predicted to grow by 4% year-on-year in 2024 to 1.21 billion units due to rebounding consumer demand.

Globally, smartphone sales have been declining for the past few years, with emerging markets one of the few growth drivers. However, the cost of smartphones is a major barrier to adoption in these regions, and this has resulted in thriving grey markets…

Indonesian telco Indosat Ooredoo Hutchison announced on Wednesday it has signed a strategic MoU with Chinese phone maker Transsion Holdings to make affordable smart devices available to Indonesians, particularly in rural and underserved areas.