Skip to main content

Featured Post

AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...
1 comment
Read more
Labels

Smartwatches see surge in demand in 2020, earwear becomes top category

IDC’s analysis for the wearables segment is out for the year 2020 and there are some interesting numbers to go through. Despite the pandemic, the report shows a notable year-on-year (YoY) growth for smartwatches and earwear. The overall wearable segment grew by 144 percent when compared to the last year, with 36.4 million units shipment. It also states that India was among the top 20 countries to register triple-digit growth.

It is the earwear segment that saw the most growth in 2020, says the report. With a majority of the launches in the affordable end of the market, the segment saw a threefold growth in 2020. The TWS category is said to have gained the most with a total shipment figure of 11.3 million. The rise in demand is credited to an increase in virtual meetings and e-learning requirements.

Wearables segment sees huge growth in 2020

“Hearables became one of the most sought-after electronic categories in 2020. The newer version of hearables are much better in managing the increased audio usages and improved aesthetic and design also made them the trendsetter,” says Anisha Dumbre, Market Analyst, IDC India. “TWS category saw the much-needed price corrections with several vendors launching devices at more affordable price points leading to the drop in the average selling price of TWS to $45 in 2020 from $110 in 2019,” she added.

OnePlus Buds Z

In the earwear category, it was India’s homegrown brand BoAt that dominated the market with a a total share of 24.6 percent while Samsung followed with a share of 14.5 percent. Realme grabbed the third-spot with a share of 13.6 percent.

The wristband category was dominated by Xiaomi with a total market share of 46.7 percent while Realme finished second with a category share of 12.3 percent. However, the overall demand for wristband-based trackers dropped in comparison to 2019.

The reason behind the overall decline in demand for wristbands was the arrival of affordable watches. Noise dominated the watch segment with a total market share of 24.5 percent while Realme followed with a total share of 15.7 percent.

The smartwatch category was dominated by Apple, with a share of 51 percent. The Apple domination was helped by the launch of the Apple Watch SE and the entry-level Watch Series 3. Do note that IDC defines smartwatches as watches that can run third-party apps.



from BGR India https://ift.tt/3c0VdJL
via IFTTT
Email Post
Labels:

Comments

Post a Comment

add