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IC Insights Raises 2021 Chip Market Growth Forecast From 12 IC Insights Raises 2021 Chip Market Growth Forecast From 12

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IC Insights Raises 2021 Chip Market Growth Forecast From 12% To 19%

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IC Insights has published a forecast for the development of the microcircuit market for 2021. It is based on the analysis of data on all leading suppliers – both with their own facilities and ordering production from contract manufacturers. These data served as the basis for determining the final revised growth rate in 2020. According to IC Insights, compared to 2019, the growth was 13%, and not 10%, as previously thought.

Analysts are confident that in 2020 the global pandemic has accelerated the digital transformation of the global economy, leading to an increase in sales of new electronic systems and a noticeable growth in the chip market in the second half of the year. Moreover, this demand was fully preserved in the current quarter.

IC Insights expects the market to grow by 2% in the current quarter compared to the fourth quarter. If this forecast comes true, it will be the first quarter-on-quarter growth since the first quarter of 2011, when 1% growth was recorded.

In general, the market will grow by 19% in 2021. IC Insights analysts clarify that this is a rather conservative forecast. It is made on the assumption that the bulk of the growth will come from a 17% increase in supply in quantitative terms. The average price for the year will increase by 1%.

 

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Wearables

No Apple Watch, Xiaomi, Amazfit or Huawei on the leaderboard, although Samsung has squeezed its way through. India’s smartwatch market looks very unusual and is changing rapidly

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No Apple Watch Xiaomi Amazfit or Huawei on the leaderboard

The Indian market is often different from the global one, and the smartwatch market is no exception. Here the leaders are not at all Apple, Garmin or Huawei.

No Apple Watch, Xiaomi, Amazfit or Huawei on the leaderboard, although Samsung has squeezed its way through.  India's smartwatch market looks very unusual and is changing rapidly

According to Counterpoint analysts, the Indian smartwatch market grew by an incredible 312% in the second quarter. How much it is in quantitative terms, unfortunately, is not reported.

And the leaders here are almost never found companies that are leaders in many other markets or globally. Moreover, in just one year, the smartwatch market in India has changed a lot.

The leader here now is Fire-Bolt with 27.7%, while a year earlier it occupied only 8.9%! Noise moved to second place with 26%, Boat rounded out the top three with 19.5%. All other companies have not even overcome the threshold of 4%. The top five also includes Samsung with 3.3% and Dizo with 2.5%.

If we talk about other companies, Realme increased sales by 76%, but fell to seventh place. Apple came in eighth with a 197% increase in sales, and interestingly enough, Pebble watches, which is now owned by Mensa, are in ninth.

No Apple Watch, Xiaomi, Amazfit or Huawei on the leaderboard, although Samsung has squeezed its way through.  India's smartwatch market looks very unusual and is changing rapidly

Of course, the above data is exactly that, because the source refers to smart watches all activity trackers that are made in the appropriate form factor. The lion’s share of them is not a full-fledged smart watch with an operating system.

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Xiaomi is in big trouble. The company’s net profit for the last quarter collapsed by 83%

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Xiaomi is in big trouble The companys net profit for

Xiaomi has been hit hard by the decline in demand in the smartphone market. As the company’s latest financial report showed, its net income has plummeted an incredible 83% to $204 million. This turned out to be even lower than the company’s own forecasts.

Xiaomi is in big trouble.  The company's net profit for the last quarter collapsed by 83%

At the same time, revenue fell much less: by 20%, to $10.3 billion, and this is insignificant, but higher than forecasts.

In China, shipments of Xiaomi smartphones fell by 22% last quarter, while the overall market there fell by 14.7%. The fall of Xiaomi was the most significant among the market leaders. Xiaomi also came under fire in India, where the government decided to ban Chinese smartphone makers from selling devices under $150. True, this has not yet had time to affect the Xiaomi business.

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The Galaxy S23 Ultra will indeed get a 200MP camera. Samsung allegedly confirmed this to its partners

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The Galaxy S23 Ultra will indeed get a 200MP camera

Samsung will indeed equip the flagship smartphone Galaxy S23 Ultra with its 200-megapixel sensor for the main camera.

The Galaxy S23 Ultra will indeed get a 200MP camera.  Samsung allegedly confirmed this to its partners

The source claims that Samsung has already confirmed this information to its partners. Recall that we have heard such rumors before. At the same time, it is not yet clear which sensor the Korean giant will use, but rumors said that this would be a solution that has not yet been announced.

The Galaxy S23 Ultra will be the only flagship device with such a camera, but that’s to be expected, as the latest generation S2x Ultra models have always had a different camera than the younger versions. At the same time, it is possible that the Galaxy S23 / S23 + can get 108-megapixel sensors, previously reserved for Ultra versions.

Recall, the other day Motorola introduced the first smartphone with a 200-megapixel camera. The Moto X30 Pro features the first of its kind Samsung ISOCELL HP1 sensor.

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