Category: idc

India’s path to SaaS leadership is clear, but challenges remain

Manav Garg Contributor Manav Garg is CEO and founder of Eka Software Solutions and is founding partner of SaaSboomi and Together Fund. Software as a service is one of the most important sectors in tech today. While its transformative potential was quite clear before the pandemic, the sudden pivot to…

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The smartphone market is growing again

It’s taken a while but the smartphone market appears to be growing once again. IDC (International Data Corporation) has announced that handset shipments reached 385.9 million in the final quarter of 2020, up 16 million year-over-year. It’s an impress… Source

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Worldwide PC shipments grew due to work-from-home arrangements

The PC industry bounced back in the second quarter of 2020 after its weakest quarter in years mostly due to shelter-in-place orders prompted by the coronavirus pandemic. According to both Gartner and IDC, PC shipments grew year-over-year in the secon… Source

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Global smartphone shipments set to drop 12% in 2020

Another troubling report for the smartphone industry this week. This time the numbers come from IDC, which puts shipments at an 11.9% year-over-year decline for 2020. The number reflects a steep drop off in Q1, followed by what what will likely be continued struggles for companies to regain footing. In…

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Worldwide smartphone sales showed ‘biggest decline ever’ in Q1 2020

The impact of COVID-19 on smartphone sales was drastic, as market analysts noted shipments worldwide dropped by millions in the last few months. While manufacturers are typically nonspecific about sales numbers, IDC’s Quarterly Mobile Phone tracker n… Source

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TSMC reports $3.9B Q1 profit, but slashes outlook for the year

Taiwan Semiconductor Manufacturing Company (TSMC) beat analyst estimates after reporting its net profit almost doubled in the quarter that ended in March, and said it was hopeful to sustain momentum in the current quarter but slashed its industry and foundry outlook for the year. The Taiwan-headquartered company, which counts Apple…

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