Says lower revenue in Q2 due to poor sales of notebooks and smartphones Expects Malaysian retail sector to continue to be challenging in 2014
Price comparison startup PricePanda, part of the Rocket Internet portfolio, said that Malaysia has become its most successful market, based on internal figures.
Smartphone sales generated nearly US$4.2 billion in Q1 Demand for Phablets surged to over 1.1 million units
Worldwide sales of smartphones to end-users totalled 968 million units in 2013, an increase of 42.3% from 2012, according to Gartner Inc.
Malaysia is among the most smartphone-savvy and least brand-conscious markets in emerging Asia according to TNS’ annual global Mobile Life study, said the Telenor Group in Asia.
Worldwide mobile phone sales to end-users totalled 455.6 million units in the third quarter of 2013, an increase of 5.7% from the same period last year, according to Gartner Inc. Sales of smartphones accounted for 55% of overall mobile phone sales in that period, and reached their highest share to date.
Asia Pacific, Latin America and Eastern Europe exhibited the highest smartphone growth rates of 74.1%, 55.7% and 31.6% respectively, according to Gartner Inc, while Microsoft edged out BlackBerry to take the No 3 spot.