Following a substantial chip shortage during the COVID-19 pandemic, the microchip manufacturing industry is slowly getting back on its feet. However, chip supply might overshadow demand for another year, according to a Bloomberg report via Yahoo Finance. This information emerged following a briefing from Semiconductor Manufacturing International Corp a Chinese company that manufactures Huawei's microchips. Read more about how Smartphone demand is yet to revive, as warned by Huawei's chip maker.
South Korean chipmaker SK hynix announced on Monday that it has begun the supply of its newest mobile DRAM chips to Vivo, a Chinese smartphone manufacturer. This marks a significant advancement in the mobile technology sector.
In a market filled with intense and relentless competition, Xiaomi has managed to carve itself a niche in Nigeria, gaining love and a significant market share. The latest Q3 report from Canalys details Xiaomi's impressive command over the market with a 19% share, outshining industry veteran Samsung, which clings to a 7% share. Xiaomi’s meteoric rise is no accident - its steadfast commitment to delivering potent and novel devices has consistently dazzled and delighted the Nigerian market, earning lasting loyalty.
Continuing to set unprecedented milestones in the mobile tech sector, Samsung's Galaxy Foldable Smartphones offer revolutionary technology. Its latest models, Galaxy Z Flip5 and Z Fold5, have gained widespread popularity in international markets like Europe and South Korea, thanks to their innovative features. The Dynamic AMOLED 2X, introduced by Samsung, takes mobile display technology to newer heights with its precise DCI-P3 color gamut and an updated adaptive refresh rate maxing at 120Hz.
Samsung Electronics, a leading global tech company, displayed dominance over the third-quarter smartphone sales in Korea, amassing a remarkable 84% market share. This was in spite of a contracted demand for high-end gadgets. In total, about 3.4 million smartphones units were sold in the country between July and September, showing a slight reduction of 10% compared to the previous year. Nevertheless, Samsung's new foldable models, the Galaxy Z Flip 5 and Fold 5, stood out, helping the company maintain its strong market position with 84% total sales. Despite the late entry of Apple's iPhone 15 series, the company managed to increase its total market share by 2 points to 15%. Other smartphone companies, including Motorola, could collectively claim only 1% of the smartphone market.
According to the GSMA's The Mobile Economy Sub-Saharan Africa 2023 report, costs for smartphones are consistently increasing due to taxation and associated duty fees. These additional charges can raise the price of a smartphone by 10 to 30%, making them highly inaccessible for most people in Africa. Moreover, high manufacturing costs further compound this issue, particularly for 5G and 4G devices. The GSMA encourages governmental interventions, like tax exemptions for affordable handsets, and also endorses strategies that make these devices meet lifestyle needs, thereby incentivising purchasing.
Articles this week highlight the growth of biometric implementation in mobile technology, with consumer devices now storing digital identity wallets. At the same time, phones running Google software are barring modification of ID card photos. Furthermore, a Mitek survey stresses the need for proper biometric authentication in bank apps. Other developments include the addition of Pangiam’s biometric software for airport systems to BigBear.ai’s portfolio, the launch of Touch Biometrix's FAP60 sensor, and the introduction of biometric checks in Pakistan for heads of families applying for ID cards.The article also discusses the use of Australia's myGov digital identity platform for scams, leading to moves to improve its security. The European Parliament and Council have agreed on a framework for European Digital ID Wallets that will carry an array of credentials for public and private services. Various collaborations are also underway, including T-Systems’ work with Gaia-X and Verimi on digital ID wallets. Google, for its part, has barred the manipulation of photo IDs on its Magic Editor to combat fraud.The article also mentions a controversy with Airbnb, which reportedly failed to verify a user's identity due to her skin color despite its previous denial of using biometrics.
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Defying market trends, Apple enjoyed a 19% YoY growth in its shipments during the past quarter. The enduring popularity of the iPhone 13 and 14 series, combined with the release of the eagerly anticipated 15 series, has led to a strong demand for Apple's products. In the fiercely competitive smartphone market in Southeast Asia, Tecno, Infinix, and Apple have been named as the brands with the fastest growth in a recent research report.
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