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Mobile payment has quickly taken off since the launch of Apple Pay, and many tech companies are vying to establish a dominant role in this emerging industry. Aside from having a sustainable business model, the widespread acceptance of mobile payment is critical for a service provider in generating a steady profit. A report from Topology, a division of TrendForce, states the global shipments of mobile phones with near field communication (NFC) feature reached 400 million units in 2014.
The global shipments of LCD TVs in the first quarter of 2015 totaled 51.4M units, according to the latest report from WitsView, a division of TrendForce. This figure translates to a quarterly decline of 24%. In addition to the first quarter being an off-peak season, there were other forces causing the shipment decline.
The hottest technology trend of 2015 is the Internet of Things (IoT). According to a projection by Topology, a division of TrendForce, IoT-related technologies will mature within the next five to ten years and become applicable in everyday situations. Connected to the cloud and supported by big data analytics, the number of IoT devices is set to grow by a compound annual growth rate (CAGR) of 35% between 2014 and 2020.
China’s mobile healthcare industry is now the hotspot for major investment opportunities, and close to 100 projects across a spectrum of medical fields have been set up since 2014. Montaigne Wang, an industry analyst at Topology, a division of TrendForce, said the competitive landscape of this industry will radically change with the entry of BAT (Baidu, Alibaba, and Tencent).
According to TrendForce’s latest research, the global smartphone shipments for the first quarter of 2015 reached 291.2M units, a drop of 9.2% compared with the prior quarter. The decline, which was larger than the initial estimation, was attributed to the weak smartphone market in China. Looking ahead to the second quarter, TrendForce expects China’s internal market will reduce some of the overall inventory pressure during the coming Chinese Labor Day sales.
