Samsung was the top smartphone manufacturer globally during the third quarter
Digitimes Research recently boosted its forecast for global phone shipments this year to 1.22 billion units; back in July, it estimated that global shipments would tally 1.15 billion handsets for the year. The new figures include an annual decline rate of 10.4% for the year. In China, Digitimes Research sees 2020 smartphone shipments of 308 million units, a year-over-year decline of 16.1%. Outside of China, 2020 deliveries are expected to hit 912 million phones for a decline of 8.2%.
Chinese phone manufacturers are also believed to be ramping up shipments of low priced 5G phones in 2020. Overall, Chinese firms are expected to ship 160 million 5G phones this year led by deliveries of models priced at the equivalent of 1,000 Chinese Yuan which works out to the equivalent of $149.
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