Global smartphone sales to grow just 0.6% this year as tariff threats loom: IDC
International Data Corporation (IDC) has cut down its global smartphone shipment growth forecast to 0.6% from 2.3% citing high uncertainty, tariff volatility and macro-economic challenges like inflation and unemployment across various regions. IDC further predicts that growth will remain in the low single digits throughout the forecast period and a five year (2024-2029) compound annual growth rate (CAGR) of 1.4% owing to increasing smartphone penetration, lengthening refresh cycles, and cannibalization from used smartphones.
Speaking about the impact of US President Donald Trump's so called reciprocal tariffs on the smartphone industry, Nabila Popal, senior research director at IDC's Worldwide Quarterly Mobile Phone Tracker, said, 'Since April 2nd, the smartphone industry has faced a whirlwind of uncertainty. While current exemptions on smartphones have offered temporary relief, the looming possibility of broader tariffs presents a serious risk,'
'Smartphone vendors — particularly those shipping to the US — must now navigate complex geopolitics alongside ongoing supply chain diversification efforts. Despite these headwinds, India and Vietnam are expected to remain the key alternatives to China for smartphone production. However, additional tariffs of 20-30% on US bound smartphones could post a serious downside risk to the current U.S. market outlook.' Popal added.
Amid the rising trade tensions between US and China, Apple had planned to increase its reliance on India by doubling down on its iPhone manufacturing in the country and producing all the US bound iPhones this year in India. However, earlier this month, President Trump toldApple CEO Tim Cook that he doesn't want Apple to make iPhones in India and any iPhones not made in the US would be subject to a 25% tariff.
However, US and China are still expected to have a modest growth of 0.6% in smartphone shipments this year. China's smartphone market is forecast to grow 3% YoY driven by government subsidies on Android devices. Meanwhile, Apple could be the biggest loser of the geopolitical tensions with a 1.9% decline in 2025 amid ongoing competition frm Huawei and overall economic slowdown.
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Mint
12 minutes ago
- Mint
Trump, Putin hint at US-Russia trade revival, but business environment remains hostile
Moscow, Hundreds of foreign companies left Russia after the 2022 invasion of Ukraine, including major US firms like Coca-Cola, Nike, Starbucks, ExxonMobil and Ford Motor Co. But after more than three years of war, President Donald Trump has held out the prospect of restoring US-Russia trade if there's ever a peace settlement. And Russian President Vladimir Putin has said foreign companies could come back under some circumstances. 'Russia wants to do large scale TRADE with the United States when this catastrophic bloodbath' is over, and I agree,' Trump said in a statement after a phone call with Putin. 'There is a tremendous opportunity for Russia to create massive amounts of jobs and wealth. Its potential is UNLIMITED.' The president then shifted his tone toward Putin after heavy drone and missile attacks on Kyiv, saying Putin 'has gone absolutely crazy' and threatening new sanctions. Recent comments from Putin warning Western companies against reclaiming their former stakes seemed to reflect reality more accurately — that it's not going to be a smooth process for businesses going back into Russia. That's because Russia's business environment has massively changed since 2022. And not in ways that favor foreign companies. And with Putin escalating attacks and holding on to territory demands Ukraine likely isn't going to accept, a peace deal seems distant indeed. Here are factors that could deter U.S. companies from ever going back: Russian law classifies Ukraine's allies as 'unfriendly states' and imposes severe restrictions on businesses from more than 50 countries. Those include limits on withdrawing money and equipment as well as allowing the Russian government to take control of companies deemed important. Foreign owners' votes on boards of directors can be legally disregarded. Companies that left were required to sell their businesses for 50% or less of their assessed worth, or simply wrote them off while Kremlin-friendly business groups snapped up their assets on the cheap. Under a 2023 presidential decree the Russian government took control of Finnish energy company Fortum, German power company Unipro, France's dairy company Danone and Danish brewer Carlsberg. Even if a peace deal removed the US from the list of unfriendlies, and if the massive Western sanctions restricting business in Russia were dropped, the track record of losses would remain vivid. And there's little sign any of that is going to happen. While the Russian government has talked in general about companies coming back, 'there's no specific evidence of any one company saying that they are ready to come back,' said Chris Weafer, CEO of Macro-Advisory Ltd. consultancy. 'It's all at the political narrative level.' 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'It's not clear where exactly one could plug in and expect outsize returns that would compensate for this negative investment environment.' Some companies, including Renault and Ford Motor Co, left with repurchase agreements letting them buy back their stakes years later if conditions change. But given Russia's unsteady legal environment, that's tough to count on. The Russian purchasers may try to change the terms, look for more money, or ignore the agreements, said Weafer. 'There's a lot of uncertainty as to how those buyback auctions will be enforced.' But what about the oil and gas? Multinational oil companies were among those who suffered losses leaving Russia, so it's an open question whether they would want to try again even given Russia's vast oil and gas reserves. US.. major ExxonMobil saw its stake in the Sakhalin oil project unilaterally terminated and wrote off $3.4 billion. Russia's major oil companies have less need of foreign partners than they did in the immediate post-Soviet era, though smaller oil field services might want to return given the size of Russia's oil industry. But they would have to face new requirements on establishing local presence and investment, Weafer said. According to the Kyiv School of Economics, 2,329 foreign companies are still doing business in Russia, many from China or other countries that aren't allied with Ukraine, while 1,344 are in the process of leaving and 494 have exited completely. The Yale School of Management's Chief Executive Leadership Institute lists some two dozen US companies still doing business in Russia, while some 100 more have cut back by halting new investments. EU sanctions could remain even if US open US sanctions are considered the toughest, because they carry the threat of being cut off from the U.S. banking and financial system. But the EU is still slapping new rounds of sanctions on Russia. Even if U.S. sanctions are dropped, EU sanctions would continue to present compliance headaches for any company that also wants to do business in Europe. This article was generated from an automated news agency feed without modifications to text.
Economic Times
13 minutes ago
- Economic Times
From TACO to FAFO, investors love parodies of Trump acronyms
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Mint
21 minutes ago
- Mint
Best Wi-Fi multimedia projectors in 2025: 10 standouts with crystal clear visuals and reliable Wi-Fi for home or office
Watching something on a big screen just feels better. The best Wi-Fi multimedia projectors in 2025 make it easy to enjoy shows, games, or slideshows without being tied to a bunch of cables. They connect with your phone, laptop, or streaming stick, so you can start watching or presenting quickly. Some are small enough to carry, others work well in a living room or office. Product Rating Price Best overall projector XElectron C9 Miracast Airplay WiFi Projector Full HD 1080p Native Resolution (4K Support) | 12600 Lumens (550 ANSI) with 250 inch Display | HDMI, USB, WAN, Audio Out Ports View Details Portable 1080P Projector WiFi Projector Portable 1080P 7500L Video Movie Outdoor Home Theater HDMI Multimedia 120 Inch Keystone Correction Compatible with Smartphone EXCEL PPT iOS Android (White) View Details BenQ GP100 4K Support 1080p LED Portable Smart Projector,Brightness 1000 ANSI Lumens,Excellent Colors 97% REC709,Upto 120"Screen Size,Auto 2D keystone,20W Speakers,Certified Android TV,WiFi,HDMI,USB-C View Details Native 1080P Projector With 5G WiFi Bluetooth (With Tripod) - 4K Supported, Portable Outdoor, Max 300" Display, Compatible With TV Stick, HDMI, Phone View Details Best value for money XElectron iProjector 2 Plus Auto Focus Auto Keystone Smart Projector for Home | Native 1080P Full HD Resolution 4K Support, HDMI ARC, Android TV, BT 5.1, Dual-Band WiFi | 20000 Lumens, 2GB+32GB View Details View More This list brings together 10 options that people are really enjoying this year. Clear images, strong wireless connection, and setups that don't take forever. If you're planning a movie night, sharing photos, or showing slides to a room, these projectors make that simple and enjoyable. Here's a closer look at what stands out. The best Wi-Fi multimedia projectors aren't just about big screens, they're about making every stream feel alive. The XElectron C9 delivers vivid clarity with Full HD visuals and smooth wireless casting. Built for both movie nights and quick presentations it supports 4K, handles up to 250 inch display sizes, and connects easily via HDMI, USB, and more. For those who want more from their screen time this one stands out. Resolution Native 1920 x 1080p (Full HD), supports 4K Brightness 12600 Lumens (550 ANSI) Special Features Built-In Speaker, Portable, Built-In Wi-Fi, Built-In Media Player, 3d-Ready Connectivity Wi-Fi (Miracast, Airplay), HDMI, USB, Audio Out Ports 2 x HDMI, 2 x USB, Audio Out High brightness suitable for various lighting conditions Large screen projection up to 250 inches Multiple connectivity options for diverse devices Limited to 720p native resolution in some models Bluetooth not available in all variants What are buyers saying on Amazon? Buyers praise the large screen size and clear picture quality. Wireless features get positive reviews, though some mention the brightness could be better in daylight. It offers a massive display with flexible connectivity for home or office use. The WiFi Projector Portable 1080P 7500L is one of the best Wi-Fi multimedia projectors offering bright and clear visuals on a 120 inch screen. Its 7500 lumens ensure good image quality for outdoor movie nights or home theater use. It supports HDMI and smartphone connections including iOS and Android. Keystone correction helps keep the picture straight from different angles, making it useful for both entertainment and presentations. Native Resolution 1080P Full HD Screen Size Up to 120 inches Inputs HDMI, USB, Smartphone (iOS and Android) Keystone Correction Yes, for image alignment Portability Lightweight and easy to carry Clear Full HD picture quality Good brightness for dark and dim environments Easy connection with smartphones and HDMI devices Screen size limited to 120 inches Brightness may not be enough in very bright rooms What are buyers saying on Amazon? Buyers appreciate the sharp image and simple setup. Wireless phone connection and portability receive positive feedback. It offers sharp visuals and easy wireless connections in a portable design suited for various uses. Among the best Wi-Fi multimedia projectors, the BenQ GP100 stands out with 4K support and a bright 1080p LED display. It delivers rich colours with 97% REC709 coverage and 1000 ANSI lumens brightness for vivid visuals. Equipped with Android TV, WiFi, and multiple ports including HDMI and USB-C, it offers easy wireless streaming and flexible connectivity. The 120 inch screen size and built-in 20 watt speakers make it a solid pick for movies and presentations alike. 4K Input Support Supports 4K input with native 1080p LED display Brightness 1000 ANSI lumens Colour accuracy 97% REC709 Screen size Up to 120 inches Connectivity Certified Android TV with WiFi, HDMI, and USB-C ports Accurate colours and bright display for clear viewing. Easy wireless connection with Android TV and Wi-Fi. Brightness may be low in very bright rooms. The price is a bit higher than the basic models. What are buyers saying on Amazon? Buyers like the colour accuracy and easy Android TV setup. Sound quality and image sharpness get positive feedback. Some find brightness less ideal in well-lit spaces. It combines clear colours and smart wireless features in a portable design. The Native 1080P Projector with 5G WiFi and Bluetooth ranks among the best Wi-Fi multimedia projectors for its sharp 1080p display and 4K support. It offers a huge screen up to 300 inches, making it great for outdoor movie nights or presentations. This portable projector connects easily with TV sticks, HDMI devices, and phones. The included tripod adds stability, making setup simple and quick wherever you go. Resolution Native 1080P, 4K supported Connectivity 5G WiFi + Bluetooth Display Size Up to 300 inches Compatibility Works with TV Stick, HDMI, smartphones Usage Indoor and outdoor viewing Special Features Built-In Speaker, Portable, Digital Keystone Correction, Lightweight, Built-In Wi-Fi Supports large 300 inch screen without losing picture quality Comes with tripod for steady setup Connects fast via 5G WiFi and Bluetooth Needs a dark room for best results Built-in speakers could be louder What are buyers saying on Amazon? Buyers like the image clarity and easy wireless connections. Some note the projector works well for casual movie nights but suggest better brightness in daylight would help. Built for big screens and quick setup without extra tools. XElectron iProjector 2 Plus ranks among the best Wi-Fi multimedia projectors for home use, offering bright, crisp visuals with native 1080P resolution and seamless streaming over dual-band Wi-Fi. Its auto focus and keystone correction make it simple to set up, and with Android 9.0, 2GB RAM, and 32GB storage, it brings the best Wi-Fi multimedia projector experience right to your living room—no extra devices needed. Resolution Native 1080P Full HD with 4K HDR support Brightness 20000 Lumens (1100 ANSI) Display Size Up to 300 inches Audio Dual 10W speakers with Dolby Plus support Connectivity Dual-band Wi-Fi (2.4GHz & 5GHz), Bluetooth 5.1, HDMI ARC, USB ports Features Auto focus, auto keystone correction, dust-proof design High brightness suitable for various lighting conditions User-friendly setup with auto adjustments Built-in Android OS for direct streaming Some users reported network connectivity issues In-built apps may not function optimally without external devices What are buyers saying on Amazon? Buyers appreciate the projector's brightness and image clarity. One reviewer mentioned, "Projection is of full brightness. Netflix videos through the Fire TV stick have perfect clarity" . For those seeking a high-brightness projector with user-friendly features and versatile connectivity, the XElectron iProjector 2 Plus is a compelling option. Crossbeats Lumex easily fits into the list of the best Wi-Fi multimedia projectors in PD, bringing a 300 inch screen experience right into your room with just a Wi-Fi connection. With Android 13 and built-in Netflix, Prime Video, and YouTube, it works smoothly without extra devices. Its 14,000 lumens brightness and auto keystone correction make setup simple. The 10W speaker handles room audio well, while dual-band Wi-Fi 6 keeps streaming steady without interruptions. Resolution Native 720P, supports up to 4K HDR Projection Size Up to 300 inches Audio 10W built-in speaker Connectivity Dual-band Wi-Fi 6, Bluetooth, HDMI, USB, AUX Features Auto 4D Keystone Correction, Electronic Focus High brightness suitable for various lighting conditions Built-in Android 13 with direct access to streaming apps Auto keystone correction and electronic focus for easy setup Native resolution is 720P, not true 4K Sound may be insufficient for larger rooms What are buyers saying on Amazon? Buyers appreciate the projector's brightness and ease of setup. One reviewer noted, "Picture quality is very nice". For those seeking a projector with built-in streaming capabilities and high brightness, the Crossbeats projector offers a user-friendly experience with its Android 13 OS and portable design. Mini Projector with WiFi6 and Bluetooth fits well among the best Wi-Fi multimedia projectors in PD. Its 15000 lumens brightness and native 1080P resolution deliver clear visuals, even in well-lit rooms. With 5G WiFi6 and Bluetooth 5.3, it ensures fast and stable connectivity for streaming and gaming. The electric focus and automatic keystone correction simplify setup, providing a clear image without manual adjustments. Its compact design and wide compatibility with devices like iOS, Android, TV Stick, HDMI, and laptops make it suitable for various settings. Resolution Native 1080P Full HD with 4K support Projection Size 40 to 300 inches Connectivity 5G WiFi6, Bluetooth 5.3, HDMI, USB, AUX Features Electric focus, automatic keystone correction, 210° rotation High brightness suitable for various lighting conditions Built-in Android TV with access to numerous apps Electric focus and automatic keystone correction for easy setup Sound may be insufficient for larger rooms Some users reported app performance issues What are buyers saying on Amazon? Buyers like the bright display and simple setup but say the sound is better with external speakers. It's easy to stream and set up, with bright visuals and wide device support. The Profitech Communication 4K LCD LED projector stands out among the best Wi-Fi multimedia projectors in PD, offering a 180 degree rotatable design and Android 11 OS. The projector supports 2.4G+5G WiFi 6 and Bluetooth 5.0, ensuring smooth streaming and connectivity. Its sleek design and multiple ports make it compatible with various devices, including iOS, Android, TV Stick, HDMI, and laptops. The projector's Android 11 OS provides access to over 4,000 apps from the Play Store, offering a wide range of entertainment options. Resolution Native 1080P Full HD with 4K support Brightness 160 ANSI Lumens Projection Size Up to 150 inches Connectivity 2.4G+5G WiFi 6, Bluetooth 5.0, HDMI, USB, AUX Special Features 180 degree rotation, electric focus, automatic keystone correction Affordable price point for a projector with Android 11 and WiFi 6 180° rotation allows flexible placement and viewing angles Multiple connectivity options for various devices Brightness may be insufficient for well-lit rooms Sound quality may require external speakers for larger spaces What are buyers saying on Amazon? Buyers like the price and picture quality but recommend external speakers for better sound. It streams easily and adjusts angles with a 180° design and Android 11 support. The BenQ GV50 fits the list as the best Wi-Fi multimedia projectors in PD, offering a 135 degree projection angle and built-in Google TV for seamless streaming. Its 500 ANSI lumens brightness and 92% Rec.709 colour accuracy deliver vivid visuals, even in dimly lit rooms. Equipped with a 2.1 channel 18 watt speaker system, the GV50 provides rich audio without external speakers. Its USB-C port supports DisplayPort, power delivery, and media reading, ensuring versatile connectivity. Brightness 500 ANSI Lumens Projection Size 30 to 120 inches Connectivity Dual-band Wi-Fi, Bluetooth 5.0, HDMI, USB-C Features Auto focus, auto 2D keystone correction, 135° projection angle Battery Life Up to 2.5 hours High colour accuracy with 92% Rec.709 coverage Built-in Google TV for direct streaming Versatile USB-C port supporting multiple functions Boot time can be slow due to Google TV initialization Sound quality may be muffled at lower volumes What are buyers saying on Amazon? Buyers like the picture quality and portability but say the Google TV can be slow and audio is better with external speakers. It offers sharp colours and easy streaming in a portable design with flexible connections. For those looking at the best Wi-Fi multimedia projectors in PD, the Lifelong Pixel Beam Smart Projector stands out with its 7500 lumens brightness and native 1080p resolution supporting 4K. Streaming is easy thanks to its built-in Android 9 apps, making wireless connection and content access simple on a huge 200-inch display. Its Wi-Fi and Bluetooth features combined with a 5W speaker deliver a balanced viewing experience with clear visuals and steady connectivity for home use. Resolution Native 1080p Full HD, 4K support Screen Size Up to 200 inches Connectivity Wi-Fi, Bluetooth, HDMI, USB Speaker 5W built-in speaker Special Features Built-In Speaker, Auto Obstacle Avoidance, Digital Keystone Correction, Built-In Cooling System High brightness suitable for various lighting conditions Native 1080p with 4K content support Speaker might be too low-powered for large rooms Android 9 is an older OS version What are buyers saying on Amazon? Buyers praise the clear picture and brightness. Some mention the sound isn't very loud, so external speakers help improve the experience. It's a good option for those wanting bright visuals and built-in streaming apps in a single device. Wi-Fi 6 offers faster speeds, better capacity, and lower latency compared to previous Wi-Fi versions. For multimedia projectors, this means smoother streaming with fewer interruptions, even when multiple devices are connected. It helps maintain a stable connection for high-quality video playback, ensuring that content plays without buffering or lag, which is essential for a good viewing experience. Built-in Android OS allows projectors to run popular streaming apps directly without needing extra devices like streaming sticks or laptops. This integration simplifies setup and use, providing access to a wide variety of content right out of the box. It also supports regular updates and app installations, keeping the projector's software current and versatile for different entertainment needs. Resolution : Choose at least 1080p (Full HD) for clear, sharp images. : Choose at least 1080p (Full HD) for clear, sharp images. Brightness : Look for higher lumens (e.g., 2000+ ANSI lumens) to ensure visibility in various lighting conditions. : Look for higher lumens (e.g., 2000+ ANSI lumens) to ensure visibility in various lighting conditions. Wi-Fi technology : Prefer Wi-Fi 5 or Wi-Fi 6 for faster, more stable wireless streaming. : Prefer Wi-Fi 5 or Wi-Fi 6 for faster, more stable wireless streaming. Operating System : Built-in OS like Android offers easy access to streaming apps without extra devices. : Built-in OS like Android offers easy access to streaming apps without extra devices. Connectivity options : Check for HDMI, USB, Bluetooth, and screen mirroring support. : Check for HDMI, USB, Bluetooth, and screen mirroring support. Portability : Consider size, weight, and battery life if you need to move the projector often. : Consider size, weight, and battery life if you need to move the projector often. Audio quality : Built-in speakers vary—external speaker support might be necessary. : Built-in speakers vary—external speaker support might be necessary. Projection size and distance : Ensure it supports the desired screen size and fits your room setup. : Ensure it supports the desired screen size and fits your room setup. Keystone and focus features: Auto keystone and focus help simplify installation and provide better image alignment. Best Wi-Fi Multimedia Projectors Technology Connectivity Special Features XElectron C9 Miracast Airplay WiFi Projector LED, 1080p Wi-Fi (Miracast, Airplay), Bluetooth Portable, 7500 Lumens brightness BenQ GP100 4K Support 1080p LED Portable Smart Projector LED, Native 1080p, 4K Support Wi-Fi 5G, Bluetooth, HDMI, USB Portable, Smart OS, 4K content support XElectron iProjector 2 Plus LED, Native 1080p HDMI ARC, Dual-Band Wi-Fi, Bluetooth 5.1 Auto Focus, Auto Keystone, Android TV, 20000 Lumens Crossbeats Lumex Smart Projector 4K Ultra HD LED, 1080p, 4K Support Wi-Fi, Bluetooth Android 13 OS, Built-in Netflix, Prime, YouTube Mini Projector with WiFi6 and Bluetooth LED, Native 1080p, 4K Support Wi-Fi 6, Bluetooth, HDMI 15000 Lumens, 210° Rotation, Portable Profitech Communication 4K 1280x1080P LCD LED Projector LCD, 1280x1080, 4K Support Wi-Fi 6 (2.4G+5G), Bluetooth Android 11 OS, 180° Rotation, Ultra-fast wireless BenQ GV50 Laser Portable FHD Projector Laser, 1080p FHD Dual-Band Wi-Fi, Bluetooth 5.0, HDMI, USB-C Google TV, 500 ANSI Lumens, 135° Projection, 18W Speaker Lifelong PixelBeam Smart Projector LCD, Native 1080p, 4K Support Wi-Fi, Bluetooth, HDMI, USB Android 9 OS, 7500 Lumens, 200-inch Display, 5W Speaker XElectron iProjector 2 Plus Auto Focus Auto Keystone LED, Native 1080p HDMI ARC, Dual-Band Wi-Fi, Bluetooth 5.1 Auto Focus, Auto Keystone, Android TV, 20000 Lumens Crossbeats Lumex Smart Projector 4K Ultra HD Mini Projector LED, 1080p, 4K Support Wi-Fi, Bluetooth Android 13 OS, Built-in Netflix, Prime, YouTube Disclaimer: Mint has an affiliate marketing partnership, which means we may get some commission on purchases you make through the retailer sites links provided. These partnerships do not influence our editorial content, which is free from any bias or marketing pitch. We strive to provide accurate and unbiased information to help you make informed decisions. We recommend verifying details with the retailer before making a purchase.
