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The Latest Breaking News from Counterpoint

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

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

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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

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

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