Is Smartphone Market Maturing?
February 18, 2014
Yes and No, in my view. Yes to a certain extent, considering that most of the people in developed world have more than one (may be with dual sim card) phone; and No, considering the vast untapped market in the third world countries of Asia and Africa. In India, although much of the population (who can afford a phone) has phone, but not smartphone; and similar can be the case in many other countries. So, what is required for these countries is an affordable smartphone, and that need has been well recognized by Chinese companies (a few companies in India as well but much of those components are sourced from China).
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