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The Latest Breaking News from Counterpoint

Festive sentiment during the last week before New Year celebrations is considered the best opportunity for the business sector to increase sales as economic uncertainties may cast a shadow on consumer confidence in 2023.

Bangkok Post

Smartphone shipments dip in Q3 as inflation bites

Thailand's overall smartphone shipments dropped 12% year-on-year in the third quarter, particularly for entry-level handsets, as inflation delayed people's purchasing decisions, says global tech market analysis firm Counterpoint.

Bangkok Post

Google Fined $162 Mn by Indian Watchdog over Market Dominance

Google has been fined more than $160 million by India's anti-trust watchdog after a probe found the tech behemoth was abusing its commanding position in the local smartphone market. The California-based company's Android mobile operating system is by far the dominant player in India and is run on 95 percent…

Asharq Al-Awsat

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Google fined $162 mn by Indian watchdog over market dominance

New Delhi (AFP) - Google has been fined more than $160 million by India's anti-trust watchdog after a probe found the tech behemoth was abusing its commanding position in the local smartphone market.

AFP

What do US curbs on selling microchips to China mean for the global economy?

Washington’s ban on hi-tech exports to China marks a huge gambit for economic supremacy for the next decades

The Guardian - UK

Thai smartphone sales decline 17% in Q2

Despite a double-digit decline in smartphone shipments to Thailand in the second quarter, premium handsets costing over US$400 (14,396 baht) surged 22% year-on-year, according to market research firm Counterpoint.

Bangkok Post

Lenovo Reports Slowest Revenue Growth in 9 Quarters

Lenovo Group, the world's biggest maker of personal computers, reported flat revenue for the April to June quarter when many Chinese cities were hit by COVID-19 lockdowns, marking its most subdued result in nine quarters. Total revenue during the period was $16.96 billion, up 0.2% from the same quarter a…

Asharq Al-Awsat

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Global consumer service robotics market to continue to grow through 2025, report says

The research firm estimated that the market for personal and education category robots would exceed $4.5 billion by 2025

The Hindu

China Q2 Smartphone Sales Fall 14.2% Y/Y as Consumers Pull Back

Chinese smartphone sales in April-June fell 14.2% on year and volumes hit a decade low, Counterpoint Research said on Wednesday, as China struggles to recover from the impact of COVID-19 lockdowns and the industry braces for more uncertainty. Quarterly sales volumes were 12.6% lower than those seen in the first…

Asharq Al-Awsat

5G Expands to More-Affordable Phones as Chip Prices Fall

5G is increasingly available in cheaper phones, making faster mobile service affordable to more lower-income consumers around the world, market researchers say.

Bangkok Post

Apple Stock Gains After Winning Back Top Spot In China Ahead of December Quarter Earnings

Apple reclaimed its title as the top selling smartphone in China last quarter after a six year slump, Counterpoint Research said Wednesday.

The Street

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