December 3, 2021

CHICAGO PIXELS

SEMICONDUCTOR RESEARCH CENTER

Smartphone revenues to rebound by 13% in 2021 after 5% drop in 2020

Global smartphone wholesale revenues will rise by 13% year-on-year in 2021, the highest revenue growth in six years, forecasts market research firm Strategy Analytics. Despite the economic uncertainty and dented consumer confidence caused by the coronavirus, the market will be able to bounce back in 2021 on the back of the Apple iPhone 12 super cycle and the migration to 5G globally, it adds…