Scottsdale, Arizona-based IC Insights released an update to its 2016 IC Market Drivers Report that examines and evaluates key existing and emerging end-use applications that will support and propel the IC industry through 2019. A table on Major Smartphone Sales Leaders depicts the top 12 companies with a forecast for their full-year 2016 unit volume shipments. Eight of the top 12 companies are headquartered in China, and a company from India, Micromax, is in the list for the first time.
Seven of the top twelve companies are forecast to register 2016 growth rates of 6% or less while the other five are expected to each log 29% or better increases. Micromax is slated to show a 74% increase.
Japan-based Sony, U.S.-based Microsoft, and China-based Coolpad are expected to drop out of the top 12 ranking. These three companies saw their 1Q16 sales of smartphones drop to 3.4, 2.3, and 4.0 million, respectively, reports EMSNow.
