According to recent reports, it has been suggested that come 2017, it is possible that we will see smartphones account for 82% of all mobile phones sold, and that 30% of those sales will actually be coming from China where smartphones, such as Apple’s iPhone, has become increasingly popular. China also has companies such as Huawei, Oppo, and Meizu (just to name a few) who have also put out some impressive devices locally and have kept them at relatively affordable prices as well.
According to Tina Teng, an analyst at NPD DisplaySearch, “Smartphone market growth is being fueled by entry-level smartphones from international brands and white-box vendors in emerging markets […] We expect aggressive pricing moves to continue, prompting first-time smartphone buyers to upgrade earlier.”
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