Handset Makers Adopt Android, Push Advanced 3G and 4G Smartphones, Business and Industry Trends Analysis

For 2019, analysts at Gartner forecast that 1.8 billion mobile phone units would be sold worldwide.  The company also forecast 1.82 billion unit sales for 2020.  Advanced smartphone features on modestly-priced handsets are helping to fuel sales. Upstart competitors have been growing in the mobile handset business.  However, this is a very challenging, highly competitive business.  Profit margins can be very thin (outside of Apple’s enormously profitable iPhone business). A booming firm in China called Xiaomi Corp. is doing well in the handset manufacturer race.  Xiaomi’s phones are full-featured but sold at near cost.  The company is shipping its phones…

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