Last updated on December 11th, 2020 at 12:07 am
10 Dec 2020
According to figures from Counterpoint Research, global smartwatch shipments rose 6% YoY during the quarter ended September 2020 with Apple, Huawei, and Samsung leading the charge with market shares of 28%, 15%, and 10% respectively. Apple’s market share rose 2% compared to the same period a year earlier while Huawei’s share jumped 5% and Samsung’s share rose 2%.
TikTok edges out Facebook to emerge as top downloaded app worldwide in 2020
09 Dec 2020
Chinese video sharing app TikTok beat out Facebook (NASDAQ:FB) to emerge as the top app worldwide by downloads in 2020 according to data from mobile app analytics firm App Annie’s annual report on mobile trends for 2020. The figures combine both downloads for iOS and Android downloads. App Annie’s annual report noted:
“TikTok’s tidal wave continued throughout 2020 — particularly as content-hungry consumers flocked to the app to create, socialize and stay entertained — even increasing its cross-app usage with major video streaming players like Netflix, indicating that TikTok is not only blurring the lines between social and streaming but is a force to be reckoned with in the streaming world in its own right and is set to break into the 1 billion monthly active user club in 2021.”
Global smartphone shipments drop 5.7% YoY in Q3 2020
01 Dec 2020
Global smartphone shipments fell 5.7% year-on-year (YOY) to 366 million units in Q3 2020 according to figures from Gartner. Overall global mobile phone sales droped 8.7% YoY totaled 401 million units during the period.
Except for Samsung and Xiaomi, other top five smartphone vendors continued to see market share declines in the third quarter of 2020. Xiaomi grew 34.9% in the quarter ended September 2020 reaching a market share of 12.1%, overtaking Apple to emerge as the third biggest smartphone vendor in the world.
29 Oct 2020
Worldwide smartphone shipments reached 348.0 million units, a 1% year-on-year (YoY) decline, but a 22% quarter-on-quarter (QoQ) increase during Q3 2020 according to figures from Canalys. Samsung regained the lead with shipments up 2% 80.2 million units. Huawei dropped to second place with a 23% fall to 51.7 million units. Xiaomi (HKG:1810) took third place for the first time with shipments surging 45% to reach 47.1 million units. Apple (NASDAQ:AAPL) saw shipments drop 1% to 43.2 million while Vivo rounded out the top 5 with shipments of 31.8 million units.
Oppo came in sixth with 31.3 million units while sister brand Realme took seventh place, its highest ever position with shipments of 15.1 million units. Lenovo reported shipments of 10.2 million units while Chinese smartphone brand Transsition shipped 8.4 million units.
Healthcare startups globally raised USD 21.8 billion in Q3 2020
27 Oct 2020
Healthcare startups worldwide raised a record USD 21.8 billion in Q3 2020, as a surge in health technology solutions amid the pandemic led to heightened investor interest according to data from CB Insights. Healthcare-related investments surged 18% quarter-on-quarter (QoQ) from USD 18.4 billion, while deal volume also jumped 18% to 1,539 deals from 1,299.
Central Banks Turn Gold Net Sellers In August
17 Oct 2020
In August, central banks switched from net buyers to net sellers for the first time in around a year and a half according to figures from the World Gold Council. Global central banks sold a net 12.3 tonnes (t) in August largely due to sales from Uzbekistan which reduced its gold reserves by almost 32 tonnes, outweighing the purchases by regular buyers Kyrgyz Republic (5 tonnes), India (4 tonnes), Turkey (3.9 tonnes), UAE (2.4 tonnes), Qatar (1.6 tonnes), Mongolia (1.3 tonnes), and Kazakhstan (1.3 tonnes). Uzbekistan’s sales brought its gold reserves to slightly less than 300 tonnes (54% of total reserves).