In the first quarter of this year, China shipped 65.4 million smartphones, down 11.8% year-on-year (YoY), as published in the IDC Worldwide Quarterly Mobile Phone Tracker. The market continued its double-digit decline since the first quarter of 2022, even though the zero-COVID policy ended in December.
Industry News
Azercosmos Delegation Attends Space Technology Conference in Tashkent
ExpiredA delegation of the Azercosmos Space Agency of Azerbaijan attended the Space Technology Conference in Tashkent, Uzbekistan, being held from April 24 to 27.
Hong Kong Telecom Launches Smart Kiosks
ExpiredHong Kong Telecom (HKT) has announced the launch of its new smart kiosk program, which intends to upgrade conventional phone booths across the city to high-tech kiosks. The project is a component of HKT's attempts to update its infrastructure and offer clients new services.
Telecom Service Revenue in Vietnam to Increase From 2022 to 2027
ExpiredWith the growth in mobile and fixed broadband segments, Vietnam’s total telecom services revenue is projected to increase at a compound annual growth rate (CAGR) of 4.4% from 2022 to 2027, as forecasted by GlobalData, a leading data and analytics company.
Fiji Collaborates With Mobile Network Providers to Set Up 5G Infrastructure
ExpiredThe government of Fiji disclosed that it has started collaborating with mobile network providers to eventually set up 5G infrastructure, opening the door for the launch of commercial services.
Indosat and Tech Mahindra Launch CoE Lab in Jakarta
ExpiredInspired by its vision to connect and empower every Indonesian, Indosat Ooredoo Hutchison has collaborated with Tech Mahindra to launch a Smart Analytics and Center of Excellence (CoE) lab, powered by Google Cloud. It is expected to further accelerate Indonesia’s digital transformation.
FPT Set to Build Cable Connecting Vietnam to Asia Link Cable
ExpiredThe Vietnamese technological firm FPT is preparing to construct a cable that will link Vietnam to the undersea Asia Link Cable.
PLDT Loses Chief Financial Officer, Network Head
ExpiredFollowing the operator's sizable PHP48 billion (US$853 million) budget overspending, key executives at PLDT, including the operator's chief financial officer, have resigned from their current positions.
China ICT Spending to Exceed US$2 Trillion Over Next Four Years
ExpiredChina’s ICT spending for developing and operating digital businesses will exceed US$2 trillion over the next four years, according to IDC.
Mobile Money Transactions Exceed Expectations, Reaching US$1.26 Trillion in 2022
ExpiredMobile money services are growing faster than predicted around the globe as digital services continue to rise in popularity, according to the GSMA’s annual “State of the Industry Report on Mobile Money 2023.”