Smartphone shipments to grow 4% in 2024

Apple has launched its latest AI-powered smartphone, the iPhone 16e, in a bid to gain market share in emerging markets such as India, where it has been ramping up its focus.

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.

Semiconductor growth in India continues apace, with a number of deals announced in the past few days.