The health of the smartphone industry is being threatened by cottage phones.
The latest report released by the European Intellectual Property Office (EUIPO) and the International Telecommunications Union (ITU) on the 28th said that due to the market share of the cottage mobile phone, the global mobile phone industry sold less than 184 million smartphones in 2015, accounting for global smartphone sales. 12.9% of the industry caused losses of up to 45.3 billion euros.
According to the above report, in 2015, 1.3 billion smartphones were sold worldwide, which is equivalent to one in every six people in the world who bought new mobile phones, with an average purchase price of 275 euros.
According to the report, the countries and regions most affected by the mobile phone in the cottage are: Africa (loss of sales of 21.3%), Latin America (19.6%), Arab countries (17.4%), China (15.6%), Asia-Pacific ( 11.8%), North America (7.6%). China’s losses account for one-third of the global smartphone industry’s total revenue.
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