Online retailer Kogan has blamed a sharp fall in new Apple products, in particular the new iPhone, for a drop in revenue of its global brands for the first half of full-year 2019, saying that revenue fell by 46.7% during the period.
South Korean smartphone giant Samsung will launch a series of budget smartphone models in India before it releases them in other countries, in a bid to beat back the challenge from Chinese vendors.
Chinese brands Huawei and Xiaomi are driving the growth of the global smartphone market at the expense of declining Samsung marketshare and flat sales for Apple which is facing a saturated premium smartphone market for its products.
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