Consumers typically waited at least three months for Apple to start selling new iPhones in China, triggering a flood of devices into the country's black market. As many as 5 million may be smuggled into China before the new models are officially available, said Neil Shah, Mumbai-based research director for devices at Counterpoint Research.
Apple Inc said many customers will need to wait until next month for their new iPhones after a record 4 million first-day pre-orders were logged, double the number for the iPhone 5 two years ago.
The company said demand had outstripped supply of the new iPhone 6 and iPhone 6 Plus, which feature larger screens and longer battery life. Deliveries of pre-orders will begin on Friday and will continue through October.
Bumper first-day pre-orders point to first-weekend sales of up to 10 million units, analysts estimated.
Wealthy mainland Chinese looking to buy the new iPhone 6 next week could expect to pay an eye-watering USD2,500 for the handsets in Hong Kong, following Apple's decision to delay the launch in China.
The speculation and frenzy surrounding the launch of Apple's iPhone6 ended on Tuesday with the unveiling of twin phones with 4.7-inch and 5.5-inch Retina HD displays, respectively.
While the bigger display is expected, the audience at Flint still widely erupted when Apple CEO Tim Cook introduced "the biggest advancement in history of the iPhone."
The popularity of smart connected devices are spurring strong demand for complementary accessories such as cradle docking and wireless speakers. GfK retail audit for these products in Singapore, Malaysia, Thailand and Indonesia reported a substantial spike in overall sales volume and value by 79 and 29 percent, respectively, in the first seven months of the year.
Apple Inc. plans to include short-range wireless technology in its coming smartwatch, according to people familiar with the matter, signaling that it sees a role for the device in digital payments.
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Xiaomi's plan for world domination of the smartphone market expanded with its first foray in Indonesia, after a few thousand units of the Chinese mobile-phone maker's latest budget handset were sold online in a matter of minutes on Thursday.
Through the online shopping platform Lazada, Xiaomi sold 5,000 units of Redmi 1S in less than seven minutes, according to a statement on Xiaomi's official Facebook page.
More than 1.25 billion smartphones will be shipped worldwide in 2014, representing a 23.8% increase from the 1.01 billion units shipped in 2013, according to a new mobile phone forecast from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker
Looking ahead, the research firm said total volumes are forecast to reach 1.8 billion units in 2018, resulting in a 12.7 percent compound annual growth rate (CAGR) for the 2013–2018 forecast period.
Acer has partnered with Gome Electrical Appliances, an IT and consumer electronics retail chain in China, for the latter to sell Acer desktops, notebooks, AIO (all-in-one) PCs, tablets and projectors there, according to China-based tech.qq.com.
Samsung Electronics is in dire need of crisis management, analysts say, as ineffective product differentiation sparks margin erosion and a decline in market share.
Until recently the world's largest smartphone marker was considered an unstoppable force. However, with key rival Apple getting its groove back and intensifying competition from low-end handset manufactures in emerging markets, things don't look so rosy anymore.