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.
Apple entered the top five highest-shipping smartphone vendors in India, as the overall market recorded a 5% shipment increase in 2024, despite ending Q4 with a decline.
StoneX Group and Bamboo Payment Systems say they are planning a leading solution for global merchants and financial institutions that need to collect and make payments in Latin America.
Egypt’s Prime Minister Mostafa Madbouly has inaugurated Oppo’s new smartphone factory, marking another milestone in the country’s expanding electronics manufacturing sector.