Omdia: Global smartphone market edges up 1% in 1Q26, beating expectations despite growing supply chain bottlenecks and cost pressures
LONDON According to Omdia’s latest research, the global smartphone market performed above expectations in 1Q26, growing by 1% year on year. However, this growth does not yet reflect the full impact of rising supply-side costs, as vendor inventory frontloading in the channel temporarily supported shipments. Memory and storage costs are increasing sharply, while vendors have […]
GAC Is the First Chinese Automaker to Announce a Plant in Mexico
Chinese automaker GAC (Guangzhou Automobile Group Co.) announced plans to begin assembling vehicles in Mexico in the second half of this year, becoming the first Chinese automaker to establish a production facility in the country. While GAC did not disclose the plant’s location or any investment details, it said in a press release that the facility […]