US$30,000 per tonne (4N 99.99% aluminium oxide) used in smartphone screens and has a projected compound annual growth rate of around 29.9%.
Did someone mention Smartphones
Smartphone market could see biggest growth in six years amid 5G boom
Analysts at IDC see potential for triple-digit growth of 5G smartphone shipments in most regions
Apple's iPhone 12 line is 5G enabled. Analysts at IDC project strong growth for 5G shipments in 2021.
The global smartphone market could see its fastest growth since 2015 as a proliferation of more affordable 5G devices helps the mobile-phone industry rebound from a tough stretch during the pandemic.
That’s according to analysts at IDC, who project that there will be 1.38 billion smartphone shipments globally during 2021, up 7.7% from a year ago.
Looking to 2022, the analysts expect the growth to continue, with projections for a 3.8% increase in shipments.
One key momentum driver will be the increasing adoption of 5G devices in markets where compatible networks have been deployed.
The IDC analysts see price points coming down on 5G devices and expect that the average selling price for 5G Android devices could fall 12% to $456 in 2021 before dipping below $400 in 2022.
Most regions outside of China will see triple-digit growth in 5G shipments during 2021, per the IDC projections, though China will still be the leader in market share will almost half of all worldwide shipments.
The analysts also see growth opportunities for “mid-range and low-end 4G phones” in emerging markets after a sluggish performance during the pandemic.
While the smartphone industry is not “excluded” from supply-chain pressures brought about by a global chip shortage, the IDC analysts said that the smartphone market appears to have been less impacted by this dynamic than other categories, like automobiles and PCs.
www.marketwatch.com/story/smartphone-market-could-see-biggest-growth-in-six-years-amid-5g-boom-11622039152
5G food for thought
GLTAH's
Cheers
Frank
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