Mobile Handset Shipments

Dwindling consumer demand due to high inflation remained a challenge all year round despite improved supply. The ASP (average selling price) hit a record $224, up 18% YoY

Meanwhile, shipments of 5G smartphones in China reached 167.5 million units in 2020

Firm has tied up with a private manufacturer that can produce 10,000 pieces a day. But Fesschain is now scouting for a suitable location in Noida to set up its own production unit

The smartphone market recorded 29 per cent sequential growth in the third quarter, with 37.5 million units shipped