News Snapshot:
The global smartphone market posted record first-quarter revenues driven by strong revenue growth of top five OEMs according to research from Counterpoint’s Market Monitor service. The annual growth was on a lower base of the same quarter of 2020 when COVID-19 impacted China and parts of the US and Europe. Shipments in countries like Europe, China and India were stronger than expected. The supply chain players prioritised the top five brands enabling them to launch flagships earlier than their usual cycle, which boosted their market performance despite the supply shortage issues during the quarter. Highlighting the revenue dynamics, Senior Analyst,...
