Demand for new smartphones is in free-fall and this chart shows that the bottom is not yet in sight

as informed in Apple is far from alone in feeling the pain of falling demand for new smartphones. In a note to clients, Credit Suisse published estimates showing that global smartphone production is in free-fall, and the bank's analysts warned that the "bottom not yet in sight." Credit Suisse revised down its smartphone production forecast for the final three months of 2018, predicting it will fall by 3% quarter-on-quarter to 357 million units. This graph says it all:Credit SuisseIf Credit Suisse's forecasts prove accurate, it means that first-quarter smartphone production will have fallen for five consecutive years. As James Cordwell, a tech analyst at Atlantic Equities, told Business Insider this month, the smartphone market has "become a bit boring."

Samsung's new Galaxy M smartphones will launch in India first

Samsung will launch its new lower-priced Galaxy M series in India before the smartphones roll out globally. Samsung leaned into those strengths last year, opening what it describes as the world's largest mobile phone factory in Noida, just outside of New Delhi. Specs about the three Galaxy M smartphones emerged last month, with details appearing on platform benchmark Geekbench about devices called M10, M20 and M30, the latter of which may be powered by an Exynos 7885 chip with 4GB ram. Warsi told Reuters that "the M series has been built around and incepted around Indian millennial consumers." The price range of Indian-first smartphones will be from less than 10,000 rupees (about $142) to 20,000 rupees. The company will debut the latest version of its flagship smartphone, the Galaxy S10, in San Francisco on February 20.

HMD Global to launch new Nokia smartphones on 24th February

as declared in 26 January 2019, India:HMD Global is going to launch new smartphones on 24th February 2019 in MWC, Barcelona. The company is expected to launch the awaited flagship smartphone Nokia 9 Pureview. Wereallyreallyreallyreallyreallyreallyreallyreallyreallyreallyreallyreallyreallyreallyreallyreallyreallyreallyreallywould like you to tune into our Barcelona MWC showdown on the 24th of Feb 😎 — Juho Sarvikas (@sarvikas) 25 January 2019The Nokia 9 Pureview is expected to have penta-lens camera system. The smartphone is expected launch with Android One program. HMD Global might launch another smartphone alongside Nokia 9 in MWC, Barcelona.

collected by :John Smith