The Used Marketplace
According to new research from Strategy Analytics, India smartphone sales revenue grew +17% annually in the first eight days of festive season sales from September 23rd to 30th, 2022, driven by the wholesale ASP growth of +19%. Samsung leads the pack with 26% market share, followed by Xiaomi and Realme.
We estimate 12.8 million units of smartphones were sold during the first week of smartphone festive season sales in India this year. It registered US$ 2.1 … Read the rest
Transsion Holdings manufactures entry to mid-tier affordable phones with 3 brands, including Tecno, Itel, Infinix. The triple-branding approach was implemented to defend and increase their market share via the use of conventional methods. They broadened their horizons by creating many brands with distinct value propositions, original designs, and concepts while focusing on various market segments for smartphones.
A more significant role is played in the mid-to-high end market segment by Tecno. While Itel offers consumers value-driven products for a … Read the rest
According to our research, both global smartphone shipments (sell-in) and sales (sell-through) increased MoM, however the numbers are still below the volumes of 2021, indicating their yearly growths become negative.
The soft performance is mainly due to the strong economy headwinds such as inflation and currency exchange rate turbulence, on-going geopolitical tensions, as well as the weakening demand in multiple markets. Industry total inventory variance / changes increased this month, indicating the modest inventory building up by major OEMs … Read the rest
Xiaomi, a Chinese smartphone maker, is offering huge discounts in its UK flagship store in Westfield, White City in London.
We found the in-store prices of available models were different from their official webstore prices. For some models, the in-store offers would even cost you less.
For example, Xiaomi 12 (8+256GB) has a special offer at £529 in-store. It is £619 online (RRP £849). Xiaomi 12 Pro is £899 in-store and £919 online (RRP £1,049) when you check out.… Read the rest
Despite topping the PYMNTS ranking for smartphone ownership, the state of digital transformation in Italy and Spain diverges significantly. Drawing on data collected from over 15,000 consumers across 11 countries between April and May 2022, a recent PYMNTS report, “How The World Does Digital: The Impact Of Payments On Digital Transformation,” found that the two Southern European countries reported the highest smartphone ownership of all: 90.1% and 93.2% ownership in Italy and Spain, respectively.
Over 90% Smartphone Penetration Creates Different … Read the rest