Apple airlifts $2 Billion in iPhones from India to dodge US tariffs

Global smartphone shipments are expected to rebound 3% to 1.2 billion units year-on-year in 2024, with emerging markets driving this growth according to analyst company Counterpoint Research. 

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.

Indonesian telco Telkomsel has announced that it has launched an eSIM service for local customers, making it the last of the country’s major operators to do so, as the industry awaits upcoming eSIM regulations from telecoms regulator Kominfo.