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With major smartphone brands Apple and Samsung making a big entrance into the mobile payment business, the total revenue of the worldwide mobile payment market in 2015 reached US$450 billion, according to the global market research firm TrendForce. By the end of 2016, the total revenue is estimated to arrive at US$620 billion, representing a massive growth of 37.8% year on year.
Television technology took center stage at the 2016 Consumer Electronics Show (CES) in Las Vegas, with major brands showing off their latest high-resolution sets during the event. “Ultra-high-definition (UHD) resolution is the basis from which TV brands will make further improvements on their products,” said Boyce Fan, senior research manager for WitsView, a division of TrendForce.
The global LCD TV market had a dismal 2015. Rising prices of imports caused by currency depreciation was a major force that dragged down consumer spending in Europe and the emerging markets. As a result, the European LCD TV market was too weak to help sustain the overall demand as anticipated, and sell-through in the emerging markets kept falling throughout the year.
Decline in annual tablet shipments reached double digits for the first time on record in 2015, according to TrendForce. The global market research firm’s latest tablet shipment report shows a total of 168.5 million units of tablets were shipped last year, representing a 12.2% drop from 2014. The gradual contraction of the global tablet market has become a more pronounced trend.
