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Wearable shipments up almost 200% in Q3: IDC

Media | 12/03/2015 4:08 pm EST

Worldwide wearable shipments rose 197.6 per cent with 21 million units shipped in the third quarter this year, up from 7.1 million units in the same period a year earlier, according to a new report released Thursday by International Data Corp. IDC said in the press release that Chinese vendors are seeing high demand growth because of reasonably priced wearable devices that include better features, and added that companies like Xiaomi Corp. — the third most popular brand shipping 3.7 million units — and BBK Electronics Co. Ltd.’s subsidiary XTC — which beat Samsung...

Wearables market to grow 173.3% this year: IDC

Media | 06/18/2015 1:43 pm EDT

International Data Corp. predicted Thursday that the global wearable market will grow 173.3 per cent this year. The technology research company said in a press release that 72.1 million wearable devices will be shipped this year, up from 26.4 million last year. It forecast average annual growth of 42.6 per cent over five years with the number of shipments reaching 155.7 million units in 2019. Jitesh Urbani, a senior research analyst at IDC, said in the release that smart wearables will “take the lead in 2016. Smart wearables like the Apple Watch and Microsoft’s Hololens are...

Chinese smartphone market shrank: IDC

telecom | 05/11/2015 6:10 pm EDT

The Chinese smartphone market shrank in this year's first quarter, technology research company International Data Corp. said Monday. IDC said in a press release that smartphone shipments in China were down four per cent from...

Global smartphones sales exceeded one billion in 2014: Gartner

telecom | 03/03/2015 3:41 pm EST

Technology research company Gartner Inc. said Tuesday that annual smartphone sales surpassed one billion for the first time in 2014. The company said in a press release that mobile-phone...

Snapchat reportedly worth as much as $19B US

Media | 02/20/2015 4:43 pm EST

Snapchat Inc., the maker of mobile apps for picture and video sharing, is being valued at as much as $19 billion US in current talks to secure a new round of funding, Bloomberg reported this week. An article Tuesday said the...