According to research firm IDC, smartphone shipments in the Philippines declined by 8.0% Quarter-on-Quarter (QoQ) and 6.8% annually, bringing in 3.9 million units in 3Q22.
Except for Apple, all the top vendors suffered year-on-year declines. However, while Samsung and Xiaomi registered single-digit declines, vivo and Oppo continued to suffer high double-digit decreases.
Asia-Pacific spending on AI systems (including hardware, software, and services) will rise from $20.6 billion in 2022 to around $46.6 billion in 2026, according to analyst firm IDC.
Big tenders from LGUs and different division offices of the DepEd refueled the education segment, with local brand Cherry Mobile accounting for more than 60% of this segment.