Notebook demand in emerging markets has started recovering recently as international funds return to emerging markets after seeing a weak return on investment in the US and Europe, according to sources from the upstream supply chain.
India's homegrown mobile phone brands are giving global heavyweights a run for their money as they mop up market share in the country's USD13 billion mobile phone market.
Until five years ago there wasn't a single recognizable local brand in India's handset market. However, cut-throat pricing, aggressive marketing and localization changed that; today the top-10 space is dominated by local newcomers including Micromax, Karbonn and Lava, which together account for over 30 percent of the smartphone market. Micromax's 17.5 percent share is second only to Samsung.
The combined desk-based and mobile PC market in India totalled nearly 1.9 million units in the first quarter of 2014, a 20.6 percent decrease over the first quarter of 2013, according to research firm Gartner.
Smartphone sales in Southeast Asia where six of the seven markets are developing markets continue to increase month aftermath and posted 43 percent growth in the first quarter of 2014 compared to the same period last war.
Research firm GfK said in a new report, the sales generated nearly USD4.2 billion in revenues for the handset manufacturers, which represents a 25 percent increase from a year ago.
Alibaba Group said it will start to offer mobile numbers directly as it becomes the latest virtual mobile operator to offer telecommunications services to mobile phone users.
Alibaba allowed Taobao users to book a SIM card number in early May.
China last year issued telecommunications service licenses to 11 private firms, allowing them to offer mobile communications services under their own brands. The government hopes more competition will lead to better service quality.
Media tablets posted a nearly two-fold (95 percent) increase in sales volume in the first quarter of 2014 compared with the same period last year.
GfK's new retail audit report also shows that tech savvy consumers in the country spent around USD65.8 million on 270,000 units of media tablets in the first three months of 2014 as compared to only USD49 million in the same timeframe last year.
China will overtake the US as the world's largest mobile phone market this year for the first-time ever, according to research out on Wednesday.
Market research firm Strategy Analytics forecast that mobile phone sales in China would reach a record USD87 billion in 2014, beating sales of USD60 billion in the US.
Chinese mobile phone revenues are seen surging 53 percent this year, compared to only 4 percent growth in the US.
Sony will bring its PlayStation consoles to China through two joint ventures, its Chinese partner said Monday, as the Japanese gaming giant seeks to tap a newly opened market.
The overall India PC market continued to decline in the first quarter of 2014, largely due to poor end-user demand, according to the the latest report from research firm IDC.
India PC shipments for Q1 stood at 2.03 million units, representing a year-on-year drop of -25.2 percent over Q1 2013.
China-based vendor Lenovo shipped 55 million notebooks and desktops, 50 million smartphones and 9.2 million tablets in fiscal 2013 (April 2013-March 2014), according to the company. Lenovo recorded consolidated revenues of USD38.707 billion, gross margin of 13.08 percent, net operating profit of USD1.052 billion and net profit of USD817 million for the fiscal year.