 "Smartphone shipment touches all-time high of 49 mn units, defies slowdown")
Amid a consumption slowdown in consumer goods market, smartphone shipment surged to its highest level in July-September quarter. It touched 49 million, 15% higher than the corresponding period last year. Given the maturity of smartphone users — in terms of digital content consumption, commerce, and communication — the phone has become central to people’s lives, analysts said. This has placed it at the top of their priority list.
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