Data company IDC released a report on Thursday slashing this year's global smartphone shipment growth forecast from 2.6% to 0.6%, reflecting economic uncertainty wreaked by tariffs and a shrinkage in consumer spending.
The agency expected that due to increased smartphone penetration, extended replacement cycles, and the encroachment of second-hand devices, the annual growth rate will remain in the low single digits, with a CAGR of 1.4% anticipated from 2024 to 2029.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| XIAOMI (C) |
15358 |
68.05 (-) |
0.080 |
4.4 X |
| XIAOMI (C) |
15573 |
63.58 (-) |
0.130 |
8.5 X |
| XIAOMI (C) |
14470 |
61 (-) |
0.088 |
4.7 X |
| XIAOMI (C) |
14839 |
55.05 (-) |
0.083 |
5.7 X |
| XIAOMI (C) |
16333 |
49.98 (-) |
0.131 |
4.8 X |
| XIAOMI (P) |
16080 |
38.53 (-) |
0.066 |
2.9 X |
| XIAOMI (P) |
14752 |
36.23 (-) |
0.043 |
7.9 X |
| XIAOMI (Bull) |
56282 |
48.4 (48.8) |
0.037 |
13.9 X |
| XIAOMI (Bull) |
67393 |
44.1 (44.5) |
0.081 |
6.4 X |
| XIAOMI (Bear) |
56698 |
55.9 (55.5) |
0.037 |
13.9 X |
| XIAOMI (Bear) |
57679 |
54 (53.6) |
0.023 |
22.4 X |
| APPLE (C) |
10614 |
236 (-) |
0.090 |
9.0 X |
| APPLE (P) |
10678 |
170 (-) |
0.167 |
4.5 X |
