The Chemical Connection: Getting the Best from Your Cupric Chloride Etchant
It’s Only Common Sense: The Dangers of Staying Stagnant in a Changing World
Dan’s Biz Bookshelf: ‘Born to Create’
Thailand Smartphone Market Makes a Comeback in 3Q23, Shipping Almost 4 Million Units
December 18, 2023 | IDCEstimated reading time: 1 minute
According to the International Data Corporation ’s (IDC) Worldwide Quarterly Mobile Phone Tracker, Thailand’s smartphone market saw initial signs of a recovery in 3Q23 after six consecutive quarters of annual decline as the market grew 1.6% year-over-year (YoY) and 8.3% quarter-over-quarter (QoQ).
Growth was particularly strong in the premium segment (US$1,000+) which grew 25.9% YoY driven by new model launches such as Apple’s iPhone 15 series and Samsung’s Galaxy Z Flip5 and Galaxy Z Fold5. The mid-range (US$200
OPPO rose to first place due to its mid-to high-end Reno 10 Series, various new low-end model launches, and partnerships with telcos. Samsung, in second place, focused on the premium segment with its new foldable range as well as the mid-range segment with the Galaxy A series. Apple remained firmly in third with an increase in total shipments from both new models and previous generation models.
The share of 5G smartphones increased to 46%, up from 38% in 3Q22 and 37% in 2Q23, driven by the increased launches and shipments of 5G Android models in the mid-range to lower-end segments as well as increased shipments in the premium segments.
“The Thai smartphone market is expected to round off 2023 with a high single-digit decline for the full year. Nevertheless, in 3Q23 the market experienced initial signs of a recovery with increasing consumer confidence and retail spending in the overall economy. The Thai smartphone market is expected to gradually bounce back as the country enters the year-end season and the economy picks up steam from the government’s planned stimulus policies in the coming quarters,” said Apirat Ratanavichit, Research Analyst at IDC Thailand.
Share on:
Suggested Items
iSQUARED Expands Specialized Material Offerings Validated for Stratasys 3D Printers
12/03/2024 | BUSINESS WIREiSQUARED, a wholly-owned subsidiary of Stratasys, announced today an expansion of its portfolio of materials validated for use in Stratasys 3D printers, alongside the launch of a marketplace for pre-owned Stratasys machines.
Flexible Electronics Market to Reach $75.04 Billion by 2032
12/03/2024 | Globe NewswireThe SNS Insider report indicates that,“The Flexible Electronics Market Size was valued at USD 32.65 Billion in 2023 and is expected to reach USD 75.04 Billion by 2032 and grow at a CAGR of 9.72% over the forecast period 2024-2032.”
Q3 2024 Global Semiconductor Equipment Billings Grew 19% YoY
12/03/2024 | SEMIGlobal semiconductor equipment billings increased 19% year-over-year to US$30.38 billion in the third quarter of 2024, while quarter-over-quarter billings registered 13% growth during the same period, SEMI announced in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.
EMEA Public Cloud Services Market Poised for Rapid Growth, Reaching $415 Billion by 2028
12/02/2024 | IDCThe Europe, Middle East, and Africa (EMEA) public cloud services (PCS) market, including infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS), is projected to generate $203.0 billion in revenue for 2024.
AI and Interactive Demand to Drive Humanoid Robot Market Value Beyond $2 Billion by 2027
12/01/2024 | TrendForceTrendForce’s latest findings show that the global humanoid robot market is expected to surpass US$2 billion in value by 2027, supported by major robotics manufacturers gradually achieving mass production by 2025.