Blog Archive

0

Global smartphone shipments expected to drop nearly 10% in 2020: IDC, 5G

FRAMINGHAM, Mass. August 27, 2020 — The worldwide smartphone market is forecast to decline 9.5% year over year in 2020 with shipments totaling 1.2 billion units, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracke r. While the second quarter of 2020 (2Q20) resulted in slightly better than expected numbers, the market was still down 17% year over year with visible signs of economic concerns. On a positive note, IDC expects the smartphone market will return to a full recovery by 2022, and will achieve a compound annual growth rate (CAGR) of 1.7% over the five year forecast, largely driven by the assumption that smartphones will continue to be the computing platform of choice for most of the world.

“5G remains a priority for all smartphone OEMs despite the challenges with the COVID-19 pandemic and lack of consumer demand,” said Ryan Reith, program vice president with IDC’s

Read More
0

5G smartphones to capture 50% of global market by 2023, says IDC

The worldwide smartphone market is expected to decline 9.5 per cent year over year in 2020 with shipments totaling 1.2 billion units, according to a recent International Data Corporation (IDC) report. The smartphone market, however, is expected to return to a full recovery by 2022 on the back of strong 5G push.

“On a positive note, IDC expects the smartphone market will return to a full recovery by 2022, and will achieve a compound annual growth rate (CAGR) of 1.7 per cent over the five year forecast, largely driven by the assumption that smartphones will continue to be the computing platform of choice for most of the world,” it said.

As per IDC report, 5G smartphones are expected to capture 50 per cent of the global market by 2023. It expects global 5G smartphone average selling prices (ASPs) to hit $495 by 2023, which would eliminate most of the price

Read More
0

U.S. global media agency demanded outlets return money for internet freedom projects

The official and others spoke to POLITICO on condition of anonymity because they weren’t authorized to talk to the media.

What the outlets did: In response to the agency’s demands, Middle East Broadcasting Networks provided a paper check of $500,000, and Radio Free Asia provided a check worth $2.9 million, according to two people familiar with the matter. Until last year, the OTF was a program of Radio Free Asia. It’s unclear how Radio Free Europe responded to the order.

The plans: USAGM wants to reallocate the money to other internet freedom projects, and according to a separate agency employee, USAGM officials have been in touch in recent months with the maker of Ultrasurf, software that provides internet firewall circumvention code and which was developed by a member of the Falun Gong, a persecuted Chinese religious minority.

For the last several years, USAGM had refused to provide money for Ultrasurf

Read More
0

Everything you need to know about global digital usage in July 2020

The global digital landscape is still evolving rapidly as we enter the second half of 2020, with the ongoing coronavirus pandemic continuing to influence and reshape various aspects of people’s daily lives. 

Lockdowns may have been lifted across across the world, but many of the new digital behaviors that people adopted during confinement have endured, resulting in meaningful increases in various kinds of digital activity.

For context, Akamai reports that global internet traffic has grown by as much as 30% this year, while research from GlobalWebIndex shows that we’re still spending considerably more time using connected tech than we were at the start of 2020.

All of this increased activity has resulted in some important milestones and trends in the new Digital 2020 July Global Statshot report, produced in partnership between We Are Social and Hootsuite

Key headlines this quarter include:

  • More than half of the world now uses
Read More
0

A Global Health Guru Sets His Sights on Cannabis and More

Neptune Wellness Solutions Inc. CEO Michael Cammarata

By John Jannarone

Before becoming CEO of integrate health product company Neptune Wellness Solutions Inc., Michael Cammarata had overcome a few challenges. First, launched a web hosting company before he was even a teenager while suffering from dyslexia. He went on to become a major provider to online advertisers and later launched a successful deodorant company called Schmidt’s Naturals which he sold to Unilever PLC in just two years. He joined Unilever as a senior executive but last year left to lead Neptune Wellness, where he is focused on meeting demand for natural, plant-based, sustainable and purpose-driven lifestyle brands.

In an interview with CorpGov, Mr. Cammarata explained that cannabis is an important are of focus at Neptune Wellness, which aims to move the legal cannabis and hemp marketplace away from vices and into wellness. The company focuses on extraction rather than cultivation

Read More
0

Global Smart TVs Industry

Global Smart TVs Market to Reach US$300 Billion by the Year 2027. Amid the COVID-19 crisis, the global market for Smart TVs estimated at US$167. 2 Billion in the year 2020, is projected to reach a revised size of US$300 Billion by 2027, growing at a CAGR of 8.

New York, July 11, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Smart TVs Industry” – https://www.reportlinker.com/p05442638/?utm_source=GNW
7% over the analysis period 2020-2027.Full HD TV, one of the segments analyzed in the report, is projected to grow at a 9.5% CAGR to reach US$112.4 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the HD TV segment is readjusted to a revised 7.1% CAGR for the next 7-year period. This segment currently accounts for a 24.5% share of the global Smart

Read More
0

5 NYC Lending Companies Poised For Global Recognition

Data-driven decisions are creating digitized solutions in all kinds of workplaces, and fintech companies are no strangers to this phenomenon.

Competitors in the sector are revolutionizing financial services so rapidly that they are creating a cutthroat environment where fitting in is no longer an option — to stick around, newcomers need to stand out.

The annual Benzinga Global Fintech Awards recognize some of the industry’s top disruptors, and to prepare you for all the cash-storing, platform-based goodness, here are some of the trending players from the Big Apple.

Yieldstreet: Yieldstreet is providing customers with access to investment options that did not exist for the masses a decade ago. This forward-looking company harnesses the power of React to let investors build intuitive, fixed-income portfolios of previously hard-to-get assets for durations between six months to five years. Such an alternative asset class investment strategy allows users to enjoy passive income and

Read More
0

India TikTok Ban Threatens China’s Rise as Global Tech Power

(Bloomberg) — China over the past decade built an alternate online reality where Google and Facebook barely exist. Now its own tech corporations, from Alibaba Group Holding Ltd. to Tencent Holdings Ltd., are getting a taste of what a shutout feels like.

India’s unprecedented decision to ban 59 of China’s largest apps is a warning to the country’s tech giants, who for years thrived behind a government-imposed Great Firewall that kept out many of America’s best-known internet names. If India finds a way to carry out that threat, it may present a model for other countries from Europe to Southeast Asia that seek to curtail the pervasiveness of apps like ByteDance Ltd.’s TikTok while safeguarding their citizens’ valuable data.

The surprise moratorium hit Chinese internet companies just as they were beginning to make headway in the world’s fastest-growing mobile arena, en route to going global and challenging American tech industry

Read More
0

India’s App Ban Threatens China’s Rise as a Global Tech Power

(Bloomberg) — China over the past decade built an alternate online reality where Google and Facebook barely exist. Now its own largest tech corporations from Alibaba Group Holding Ltd. to Tencent Holdings Ltd. are getting a taste of what a shutout feels like.

India’s unprecedented decision to ban 59 of China’s largest apps is a warning to the country’s tech giants, who for years thrived behind a government-imposed Great Firewall that kept out many of America’s best-known internet names. If India finds a way to carry out that threat, it may present a model for other countries from Europe to Southeast Asia that seek to curtail the pervasiveness of apps like ByteDance Ltd.’s TikTok while safeguarding their citizens’ enormously valuable data.

The surprise moratorium hit Chinese internet companies just as they were beginning to make headway in the world’s fastest-growing mobile arena, en route to going global and challenging American

Read More
0

Resettling as a Refugee During a Global Pandemic

Photo credit: ImagineGolf
Photo credit: ImagineGolf

From ELLE

Ahmad Wali’s journey to America was years in the making, but what he remembers most vividly is how time froze when they were in the air. The Afghan-born Wali had finally secured a Special Immigrant Visa, affording him permanent legal residence in the United States, and to reach America, Wali and his family took a local plane to Kabul, followed by an international flight to Dubai and a 15-hour flight to New York. The trans-Atlantic flight lasted for what seemed like an eternity. He and his kids played games, took naps, ate snacks, paced the cramped aisles between the rows of seats, and still had hours remaining. When they finally landed and made it through customs, Wali felt indescribably happy. He remembers thinking, “I’m one of the luckiest people to be in the U.S., because my family is safe. My life is safe.”

First issued

Read More