Latest news with #NabilaPopal
Bloomberg
2 days ago
- Business
- Bloomberg
US Smartphone Manufacturing Is a 'Dream': IDC's Popal
Smartphone manufacturing in the US is a 'dream,' says Nabila Popal, IDC senior research director. She discusses her research with Ed Ludlow on "Bloomberg Technology." (Source: Bloomberg)
Time of India
2 days ago
- Business
- Time of India
IDC cuts global smartphone shipments forecast on tariff volatility
International Data Corp slashed its 2025 global smartphone shipment growth forecast to 0.6% from 2.3% on Thursday, citing tariff-driven economic uncertainty and a pullback in consumer spending. The downgrade signals challenges for manufacturers like Apple , who already face weakening sales amid escalating geopolitical tensions and tariff disputes. IDC expects growth to remain in low single digits throughout the year, with a five-year (2024-2029) compound annual growth rate (CAGR) of 1.4% due to increasing smartphone penetration, lengthening refresh cycles, and cannibalization from used devices. Despite geopolitical tensions, the U.S. and China are poised to drive a modest 0.6% growth in smartphone shipments this year. China's market is projected to expand by 3% year-over-year, bolstered by government subsidies favoring Android devices. Apple faces a projected 1.9% decline in 2025, challenged by Huawei competition and economic pressures, with many models ineligible for subsidies. However, upcoming discounts during the 618 shopping festival in China and the iPhone 17 launch, featuring significant hardware upgrades, are expected to stimulate demand. In response to U.S.-China trade tensions, Apple is expanding its manufacturing in India and Vietnam to diversify production and reduce reliance on China. However, President Donald Trump stated that Apple would face a 25% tariff on iPhones sold in the U.S. that are not manufactured domestically. "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," said Nabila Popal, senior research director with IDC's Worldwide Quarterly Mobile Phone Tracker.
Mint
3 days ago
- Business
- Mint
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.
The Sun
3 days ago
- Business
- The Sun
IDC cuts global smartphone shipments forecast on tariff volatility
INTERNATIONAL Data Corp slashed its 2025 global smartphone shipment growth forecast to 0.6% from 2.3% on Thursday, citing tariff-driven economic uncertainty and a pullback in consumer spending. The downgrade signals challenges for manufacturers like Apple, who already face weakening sales amid escalating geopolitical tensions and tariff disputes. IDC expects growth to remain in low single digits throughout the year, with a five-year (2024-2029) compound annual growth rate (CAGR) of 1.4% due to increasing smartphone penetration, lengthening refresh cycles, and cannibalization from used devices. Despite geopolitical tensions, the U.S. and China are poised to drive a modest 0.6% growth in smartphone shipments this year. China's market is projected to expand by 3% year-over-year, bolstered by government subsidies favoring Android devices. Apple faces a projected 1.9% decline in 2025, challenged by Huawei competition and economic pressures, with many models ineligible for subsidies. However, upcoming discounts during the 618 shopping festival in China and the iPhone 17 launch, featuring significant hardware upgrades, are expected to stimulate demand. In response to U.S.-China trade tensions, Apple is expanding its manufacturing in India and Vietnam to diversify production and reduce reliance on China. However, President Donald Trump stated that Apple would face a 25% tariff on iPhones sold in the U.S. that are not manufactured domestically. '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,' said Nabila Popal, senior research director with IDC's Worldwide Quarterly Mobile Phone Tracker.
Yahoo
3 days ago
- Business
- Yahoo
Apple Dips as IDC Cuts Smartphone Forecast
Apple (NASDAQ:AAPL) slips after IDC trimmed its 2025 smartphone shipment forecast to just 0.6% growth, down from 2.3%, amid tariff and economic worries. IDC's Nabila Popal warns that whirlwind of uncertainty since the April tariff announcement clouds strategic planning, as exemptions may give way to broader levies on phones made outside the U.S. The firm now expects global volumes to hit 1.24 billion units, with the U.S. and China driving that modest risebut China's 3% gain relies heavily on capped government subsidies that tilt the playing field toward Android rivals. Apple's iPhone shipments are pegged to fall 1.9% year-over-year, squeezed by increased competition from Huawei and peers, a slowing economy and subsidy limits, though the 618 shopping festival and iPhone 17 launch could provide upside. IDC cautions that tariff risks in India, Vietnam and China could further dent U.S. demand if new duties materialize. Investors should care because softer volume growth and geopolitical headwinds may pressure Apple's premium pricing power and Services revenue tied to active iPhone users. In Apple's next earnings call, markets will watch for any commentary on tariff impacts, supply-chain shifts or demand surprises ahead of the holiday quarter. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
