Apple loses more ground in smartphone market
Apple lost more ground in the shrinking smartphone market last quarter, with a sales tracker saying the tech giant was pushed off the top-three seller list by a Chinese rival. Other smartphone market trackers such as Counterpoint Research and International Data Corporation concluded that while iPhone shipments sank in the second quarter, Apple remained in third place what it came to global shipments. Huawei, meanwhile, saw smartphone shipments rise despite the overall market contracting and US-China trade tensions, market trackers reported.
Newshow strong continued growth for the North America wearables market for Q2. The market hit $2 billion value for the quarter, according to the firm, marking a 38% year over year growth.
It’s not exactly earth shattering, but it’s steady for a category that felt almost dead in the water a year or two back. Growth for the quarter was lead byand Samsung, which marked 32% and 121% growth, coming in at first and third place, respectively -- at 2.2 million and 400,000 units.
meanwhile, retained its number two position. The company show a modest 18 percent growth, owing the slow down to fewer smartwatches (versus fitness bands) shipped. That tracks with the company’s disappointing quarterly results as the new Versa Lite failed to hit the mark. The move marks a misstep for the Versa brand, which has otherwise contributed well to Fitbit's bounce back.
Samsung's midrange phones helped its market share surge in Europe
Samsung might have good reason for suggesting that midrange phones could help it escape its profit slump. Canalys estimated that Samsung was thriving in Europe in the second quarter of 2019 thanks partly to its midrange phones, surging to 40.6 percent share versus 33.9 percent a year ago. That's 18.3 million phones in total. It had three of the top five shipping phones, all of which were more affordable A-series models like the Galaxy A50 (which represented about 3.2 million units by itself). Flagships like the Galaxy S and Galaxy Note might have been the stars of the show, but it was the lower-cost models that really got people into stores.
Interestingly, while North America is the number two wearables market in terms of units shipped, it continues to be the most valuable. That’s likely due to higher unit prices, with the Apple Watch leading the pack, versus Xiaomi’s super cheap fitness bands, which have a much stronger foothold in their native China.
Airbus garners close to 200 orders in one day in Farnborough
Auspicious day for Airbus at the Farnborough Air Show. On Tuesday, the second day of the show, which is held alternately with that of Le Bourget, the European aircraft manufacturer signed a contract with the low-cost airline Air Asia for the firm order of 100 A321neo, worth 12.5 euros. billions of dollars at the list price. It is in addition to firm orders for 25 A320neo passed by the company Germania (2.6 billion dollars) and 4 A321 by WOW air, the low-cost Icelandic company, which signs its first order in own.
72 A320neo for GoAir
Airbus also signed a memorandum of understanding with the Indian group Go Air for the purchase of 72 A320neo worth 7.5 billion euros.
Tribune Some orders for Boeing
Boeing has revealed the finalization by tour operator TUI Group of an order of ten 737 Max 8, the competitor of the A320neo, accompanied by an option for a long - courier 787-9, for a total amount of $ 1.4 billion.
The American aircraft manufacturer has signed a memorandum of understanding with the Chinese company Kunming Airlines for 10,737 Max 7, the smallest version of its medium-haul, without specifying the amount of this transaction. At the list price, the contract amounts to $ 902 million.
He also announced a memorandum of understanding for the acquisition by an unidentified Chinese company of 30 single 737 corridors, re-motorized Max and 737 generation devices, for a total of 3 billion dollars.
Marked market forecasts
After both Tuesday presented optimistic forecasts for the, Airbus innovated by unveiling its outlook for commercial aviation services over the same period of time, that he estimates at $ 3 trillion.
According to the European aircraft manufacturer, maintenance of aircraft will be 1,800 billion by 2035 and 560,000 new pilots will have to be trained to meet the growth of air traffic.
Airbus predicts that growth in the maintenance segment will rise from 53 to over $ 132 billion a year, an average annual growth of 4.6%.
Airbus and Boeing set the tone the day before, anticipating a doubling of the commercial aircraft fleet over the next 20 years, a market exceeding $ 5 trillion.
Boeing estimates 39,620 new aircraft demand during the period, representing $ 5,900 billion, according to its annual market study first published at Farnborough.
Airbus has confirmed these forecasts (although on a different perimeter since it does not take into account aircraft with less than 100 seats), while also revising its forecast of market growth. It assesses the needs of companies to 33,000 new aircraft, worth $ 5.2 trillion, and traffic up 4.5%.
The announced orders are for the time far from the previous edition of Farnborough, during which firm and optional orders had reached a record $ 201 billion (181 billion euros).
Samsung ends mobile phone production in China .
Samsung ends mobile phone production in ChinaSEOUL (Reuters) - Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world's biggest smartphone market.