As employees return to the office around the world and as consumers continue to be cautious of their expenditure, the market continues to witness weakening demand.
IDC said consumers are prioritizing travel and entertainment over smartphone purchases and uncertainty still lingers, which is dampening consumer sentiment.
A new study from analytics software firm Fico has revealed that almost half of Filipinos are willing to commit fraud to obtain a loan or file an insurance claim.
The decline in smartphone and PC shipments in 2022 took its toll on overall shipments for Wi-Fi-enabled products, causing them to fall for the first time ever in Wi-Fi's decades-long history.
Weak demand, excess inventory, and a worsening macroeconomic climate were all contributing factors for the precipitous drop in shipments of traditional PCs during the first quarter of 2023 (1Q23).
As the Philippines approaches the summer season heat, short-form video platform TikTok has released a few insights that will provide businesses an idea on the trends they can leverage on to maximize their customer reach and engagement.
Smart TVs, which represented the largest category, experienced a 4.3% decline in 2022 due to tough year-over-year comparisons as the market for TVs and other products was extremely strong in 2021 due to Covid-related purchasing.
