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Tuesday, Sep 24
China smartphone shipments to grow 25%: IDC
- China's smartphone shipments should rise 25% in 2014 to 450M devices, IDC says.
- The research firm cites two main growth drivers: The government's issuance of 4G licenses and anticipation that China Mobile (CHL) will soon carry iPhones.
- As is usually the case just prior to a new product launch, Apple's (AAPL) market share in China slipped in Q2 to 5%, but IDC sees the company's performance improving "remarkably with the launch of the new iPhone."