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Global Smartphone Market to Grow 1 Percent in 2025, Despite Challenging Economy, Soft Demand: IDC
IDC projects global smartphone shipments to rise 1 percent in 2025 to 1.24 billion units, driven by iOS growth and replacement demand, with a 1.5 percent compound annual growth rate through 2029. Despite weak demand in China, growth in the US, the Middle East, and Africa will offset declines. Vendors are reportedly prioritising value creation with ...
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Indian Economy Remains Resilient Amid Trade Tensions, Policy Uncertainty: RBI Report
Global growth continues to face several challenges due to ongoing trade tensions, policy uncertainty, and weak consumer sentiment, says a recent report by the Reserve Bank of India (RBI).
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Indian Economy Likely Grew At Weakest Pace In January-March: Report
India's economy likely grew at its slowest pace in a year in the January-March quarter due to weak demand, according to a Reuters poll of economists who said the possibility of growth significantly surpassing their forecasts was low.
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Weak Economy, COVID Rampage Likely Shrank China's Population Again In 2023
China's population likely dropped for a second consecutive year in 2023 due to a surge in COVID-related deaths after the country abruptly ended strict lockdowns, while weak confidence in the economy's prospects keeps birth rates depressed.
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Israel-Hamas War A "New Cloud" Over World Economy: IMF Chief
The war between Israel and Hamas has darkened the horizon for a world economy that was already experiencing weak growth, IMF chief Kristalina Georgieva said Thursday.
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Joe Biden Calls China A "Ticking Time Bomb". Here's Why
US President Joe Biden on Thursday called China a "ticking time bomb" because of economic challenges including weak growth, but misquoted the country's growth rate.
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Biden Calls China A "Ticking Time Bomb" Over Economic Troubles
U.S. President Joe Biden on Thursday called China a "ticking time bomb" because of its economic challenges and said the country was in trouble because of weak growth.
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How Singapore's Job Slowdown May Impact Non-Resident Indians There
Last week, Singapore reported some weak economic numbers raising fears of a recession. Annual exports fell for the eighth consecutive month while total employment expanded at a slower rate, retrenchments rose, and job vacancies shrank for the fourth
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China Youth Unemployment Rises To Record 20.8% In May
China on Thursday reported a series of weak economic indicators, with youth unemployment hitting a record high for the second consecutive month as the economy's post-Covid growth spurt fades.
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Xiaomi Quarterly Revenue Falls 18.9 Percent as Global Smartphone Demand Stalls
Xiaomi reported an 18.9 percent drop in quarterly revenue on Wednesday as consumer demand for smartphones remained weak even as the economy recovered from the COVID-19 pandemic.
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Global Smartphone Market to Grow 1 Percent in 2025, Despite Challenging Economy, Soft Demand: IDC
IDC projects global smartphone shipments to rise 1 percent in 2025 to 1.24 billion units, driven by iOS growth and replacement demand, with a 1.5 percent compound annual growth rate through 2029. Despite weak demand in China, growth in the US, the Middle East, and Africa will offset declines. Vendors are reportedly prioritising value creation with ...
-
Indian Economy Remains Resilient Amid Trade Tensions, Policy Uncertainty: RBI Report
Global growth continues to face several challenges due to ongoing trade tensions, policy uncertainty, and weak consumer sentiment, says a recent report by the Reserve Bank of India (RBI).
-
Indian Economy Likely Grew At Weakest Pace In January-March: Report
India's economy likely grew at its slowest pace in a year in the January-March quarter due to weak demand, according to a Reuters poll of economists who said the possibility of growth significantly surpassing their forecasts was low.
-
Weak Economy, COVID Rampage Likely Shrank China's Population Again In 2023
China's population likely dropped for a second consecutive year in 2023 due to a surge in COVID-related deaths after the country abruptly ended strict lockdowns, while weak confidence in the economy's prospects keeps birth rates depressed.
-
Israel-Hamas War A "New Cloud" Over World Economy: IMF Chief
The war between Israel and Hamas has darkened the horizon for a world economy that was already experiencing weak growth, IMF chief Kristalina Georgieva said Thursday.
-
Joe Biden Calls China A "Ticking Time Bomb". Here's Why
US President Joe Biden on Thursday called China a "ticking time bomb" because of economic challenges including weak growth, but misquoted the country's growth rate.
-
Biden Calls China A "Ticking Time Bomb" Over Economic Troubles
U.S. President Joe Biden on Thursday called China a "ticking time bomb" because of its economic challenges and said the country was in trouble because of weak growth.
-
How Singapore's Job Slowdown May Impact Non-Resident Indians There
Last week, Singapore reported some weak economic numbers raising fears of a recession. Annual exports fell for the eighth consecutive month while total employment expanded at a slower rate, retrenchments rose, and job vacancies shrank for the fourth
-
China Youth Unemployment Rises To Record 20.8% In May
China on Thursday reported a series of weak economic indicators, with youth unemployment hitting a record high for the second consecutive month as the economy's post-Covid growth spurt fades.
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Xiaomi Quarterly Revenue Falls 18.9 Percent as Global Smartphone Demand Stalls
Xiaomi reported an 18.9 percent drop in quarterly revenue on Wednesday as consumer demand for smartphones remained weak even as the economy recovered from the COVID-19 pandemic.
