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VoIP offers significant cost savings for businesses by reducing infrastructure, call, and maintenance expenses. It also improves efficiency with features like voicemail-to-email and video conferencing, all at a minimal cost. Additionally, VoIP is highly scalable and easy to expand, making it ideal for growing businesses.
After more than two years of declines, the European smartphone market has started to show signs of recovery, with a 10% year-on-year increase in shipments during the first quarter of 2024, according to Counterpoint Research. However, analysts are cautious about predicting a significant long-term upswing.
EchoStar Corporation has landed a substantial contract to supply mobile devices and services to the US Navy, valued at up to $2.7 billion over the next decade. This deal, though not a complete solution to the company’s financial woes, is a significant positive development amid ongoing challenges.
In a significant development, Hong Kong residents now have access to China Telecom’s satellite direct-to-phone service, marking a pivotal step in the operator’s expansion strategy. China Telecom has long provided satellite options to mobile customers through a range of devices, including dongles, dedicated satphones, and smartphones equipped with built-in satellite antennas from manufacturers like Huawei.
Robocalls and scam calls plague phone users, causing financial loss, identity theft, and emotional distress. These deceptive tactics exploit advancements in technology. Fortunately, individuals can fight back with call blocking apps, Do Not Call lists, and authentication technology. By working together, we can reduce the impact of robocalls and scam calls.
Recent data reveals a promising resurgence in the global smartphone market, with Samsung and mass-market mobile phone brands spearheading the rebound while Apple faces challenges in keeping pace. According to Canalys, smartphone sales worldwide reached 296.2 million units in the first quarter of the year, marking a notable 10% increase compared to the previous year. This growth signifies the market’s first positive double-digit year-on-year figure since early 2021, reflecting better-than-expected performance.
According to Counterpoint’s Market Pulse Service, China’s overall smartphone sales saw a modest 1.5% year-on-year growth in Q1 2024, marking a second consecutive quarter of positive growth. Notably, Huawei experienced a remarkable 69.7% year-on-year increase in market share, solidifying its position in the market. This growth was attributed to Huawei’s successful launch of the 5G-capable Mate 60 series and its enduring brand reputation, particularly in the premium segment priced above $600. In contrast, Apple witnessed a 19.1% year-on-year decline in market share during the same period, partly due to Huawei’s gains in this segment.
The smartphone industry is gearing up for a seismic shift as generative Artificial Intelligence (GenAI) capabilities become mainstream. According to the latest forecast from Counterpoint Research, the global shipment of GenAI-capable smartphones is expected to grow at an impressive compound annual growth rate (CAGR) of 65% between 2024 and 2027.
Global smartphone shipments saw a notable 7.8% year-over-year increase in the first quarter of 2024, according to data from IDC’s Worldwide Quarterly Mobile Phone Tracker. The total shipments for the quarter reached 89.4 million units, marking the third consecutive quarter of growth and indicating a solid recovery in the smartphone market.