Huawei for the first time reached the number 1 position with 55.8-million smartphones shipped in Q2 as it achieved its highest-ever share (20.0%) of the global smartphone market.
After years of consistent growth, the connected vehicle industry will face a 15% decline in shipments and flat revenues in 2020, according to analyst firm ABI Research.
While the flat panel TV market is experiencing challenges, Covid-19 has had the opposite impact on the streaming media device market with video streaming services becoming more popular during lockdown due to their low-cost compared to pay-TV.
The millions of employees working and networking from home during the Covid-19 pandemic has proven that video is a powerful and successful tool for marketing, collaboration, training, and many other use cases for businesses across multiple industries.
As restrictions around the world tightened in the first few weeks of the quarter, demand for notebooks continued to grow to maintain continuity of business and schooling for many communities.
The report from StartupBlink noted that the Philippines enjoys a large remote workforce for international startups, with the advantage of having a “talented English speaking population”.
Many drones are deployed with loudspeakers to enforce curfews and surveil areas for security purposes, which poses a big opportunity for aerospace and drone companies to increase sales to government agencies.
Hospitality and tourism-heavy industries like transportation and personal and consumer services are expected to be the most negatively impacted markets, along with construction.
