India’s Promising Semiconductor Manufacturing Trajectory
India’s semiconductor market is expected to reach $64 billion by 2026 with the ‘telecom stack’ and industrial applications accounting for two-thirds…
STMicro Beats Q1 2023 Earnings Expectations Despite Chip Shortages
STMicro expects 2023 revenue of $17.0 billion-$17.8 billion, representing a 5%-10% growth over 2022. Silicon carbide (SiC) substrate manufacturing…
Climate Change Concerns Aid LG Electronics’ Q1 Numbers
The revenue for Q1 2023 stood at KRW 16.26 trillion, a 5.7% YoY decline. The operating profit of the company declined by 15% YoY. The revenue from…
Survey: 72% of Smartphone Users in India Experience Low-battery Anxiety
65% of smartphone users go through emotional discomfort due to battery drainage. 72% of the respondents start feeling anxious at a battery level of…
Report: NoMoPhobia Low-battery Anxiety Consumer Study
Overview: Counterpoint Research conducted a survey among smartphone users in India to understand the emotions they experience in the event of battery…
Global Smartphone Market Declines 14% YoY in Q1 2023; Apple Records Highest-Ever Q1 Share
The global smartphone market declined by 14% YoY and 7% QoQ to record 280.2 million unit shipments in Q1 2023. Samsung replaced Apple as the top…
Global Connected Agriculture Node Shipments to Reach 187 Million Units by 2030
Global connected agriculture node shipments will grow at a CAGR of 30% from 23 million units in 2022 to reach 187 million units by 2030. Crop…
UMC Q1 2023 Earnings: Weak Cyclical Recovery But 28nm Remains Resilient
Yet to see strong recovery signs in PC, smartphone, and consumer applications due to a slower pace of inventory digestion. Automotive application…
India Smartphone Market Records Highest Ever Q1 Decline of 19%, 5G Smartphones Contribution at 43%
Q1 2023 (January-March) was the third consecutive quarter to see a decline in India’s smartphone shipments. 5G smartphones’ contribution to total…
Global Connected Construction Machine Shipments Grew 6.7% YoY in 2022
One in three construction machines sold in 2022 had embedded connectivity. The connected construction machinery market is expected to see an annual…
China Smartphone Sales Fall 5% YoY in Q1 2023; Apple on Top With Highest Sales Share
Q1 2023 saw the lowest Q1 sales figure for China since 2014. However, the 5% fall marks an improvement from the double-digit YoY declines seen in…
Analysis of the AR/VR Value Chain in China: Is China at the forefront of the industry?
The AR/VR (Augmented Reality/Virtual Reality) hype in China has gone through two waves of growth, despite the current relatively small market size.…
Apple’s Device Ecosystem Multiplies its Brand Strength and Stickiness
A recent consumer survey from Counterpoint found that nearly 80% of iPhone users who own a smartwatch own an Apple Watch. Over 98% of smartwatch…
Counterpoint Quarterly Reports: Q1 2023
Global Wearables Quarterly Report: Q1 2023 Published Date: 25th April 2023 Number of Pages: 42 Sign up for our newsletter for your free…
Connected Car Sales Grew 12% YoY in 2022 With Volkswagen Group in Lead
Volkswagen Group led in connected car sales, closely followed by Toyota Group. 4G cars captured more than 95% of connected car sales in 2022. Tesla…
Refurbished iPhone Volumes Grew 16% YoY Globally in 2022
Refurbished smartphone sales grew 5% globally but China saw a 17% YoY decline. Apple captured 49% of the global refurbished smartphone market in…
Price Cuts Boost Tesla Revenue in Q1, Profit Slumps Compared to 2022
2 million vehicle deliveries are achievable in 2023 if the macroeconomic situation doesn’t worsen. Gross profit was down 17% YoY to $4.5 billion…
Q1 2023 Global PC Shipments Mark Another Quarterly Decline, Gradual Recovery Expected in H2
Q1 2023 global PC shipments fell 28% YoY. Inventory digestion likely to end in Q2 2023. Although PC demand is expected to gradually recover in H2…