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Wireless

IDC forecasts pressure on smartphone prices in near term, over 70% under USD 400 in 2020

Thursday 17 September 2020 | 16:27 CET | News
Over seven in ten smartphones shipped in 2020 (73%) will be priced at less than USD 400, according to a forecast from IDC. The market researcher expects economic uncertainties to put pressure on prices and consumer spending, leading to a drop in total market value of 7.9 percent in 2020 to USD 422.4 billion. 

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Categories: Mobile & Wireless
Companies: Apple / Huawei / Oppo / Samsung / Vivo / Xiaomi
Countries: World
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