Omdia reports booming demand for low-end smartphones priced under $150
LONDON, June 17, 2024 /PRNewswire/ -- According to the latest Omdia Smartphone Model Market Tracker, the low-end price segment experienced the fastest growth among all smartphone categories. Phones priced under $150 grew by 30 million year-on-year, from 90 million in 1Q23 to 120 million in 1Q24, marking a 33% growth. Notably, the ultra-low-cost phones priced at $90 or less, demonstrated an impressive 87% year-on-year growth rising from 18 million in 1Q23 to 34 million in 1Q24. Year
June 18, 2024