By: By Esme Jiang and Frances Huang, Central News Agency
Taipei, May 28 (CNA) Taiwan witnessed its share of the global smartphone assembly business fall in the first quarter of this year amid escalating competition in the world market, market information advisory firm International Data Corp. (IDC) said Saturday.
According to IDC, Taiwan’s share of the global smartphone assembly industry fell to 23.4 percent in the January-March period, down from 28.5 percent recorded in the fourth quarter of last year.
However, China expanded its presence in the sector during the first quarter, the IDC said. China’s share of the global smartphone assembly industry rose to 44.1 percent in the three-month period from 40.1 percent seen in the previous quarter.
Kao Hung-hsiang, a senior research manager with IDC, said that China’s smartphone assembly industry got a boost from an increase in shipments of first-tier Chinese smartphone brands. [FULL STORY]