According to a new market research report published by Credence Research “the overall mobile applications market worldwide was valued at $109.67 billion in 2018 and is set to grow with 15.60% CAGR during the forecast period.”
Once Upon a Time, Cash was King
In the old days, real people sold transit tickets and riders paid with cash. Eventually, transit authorities installed ticket vending machines that accepted cash along with plastic payment devices. Bank accounts, credit cards, and smartphones weren’t necessary.
Urban transit served all riders equally – but no more.
The New Urban Transit Landscape Limits Use
If your type of Internet connection isn’t available everywhere, and you find yourself in need for one, don’t despair. Every major city usually has various locations that offer public Wi-Fi signal, which you can use either indefinitely or for a certain amount of time. However, did you know that using such public Wi-Fi represents a potential danger for data on your smartphone, tablet or laptop, and even for yourself?
Thewas valued at $10.7 billion in 2019 and is expected to reach $29.0 billion by 2024, at a CAGR of 22.0% from 2019 to 2024. The major driving factors is the trend of sharing images and videos using advanced media sharing technologies is a major aspect of social networking on a global basis within the smartphone and multimedia tablet ecosystem.
The 7.1 billion in 2018 to $9.1 billion by 2023, at a CAGR of 5.1% between 2018 and 2023. The market is growing due to the increasing demand for OLED and flexible displays, adoption of highly priced and advanced display drivers, and growth in automotive display market. Growth in the use of 4K and 8K televisions and availability of UHD content, and evolving role of DDICs in individual components and single integration chips also drive the growth of the market for display driver ICs.is estimated to grow from $
China’s communications equipment giant Huawei plans to release its new flagship phone in Munich, Germany this month. However, due to the US government’s sanctions, the new mobile phone will only be equipped with an open-source Android operating system, without pre-installing Google’s supporting applications. This will greatly affect the experience of users in China’s overseas markets.
Huawei will announce its new mobile phone Mate 30 series in Munich, Germany on September 18. Reuters quoted a Google spokesperson saying that due to the US sales ban on Huawei, Huawei Mate 30 will not be able to ship authorized Google apps and services.
This week, Durig Capital takes a second look at an issuer involved in the design and manufacture of semiconductors. Magnachip Semiconductor (NYSE:MX) has been around for over three decades and is currently the largest independent supplier of OLED display drivers to panel makers for smartphones. The company is riding the wave of transition from LED to OLED in the smartphone world. This has paid handsomely as its full year 2018 results can attest (above). In addition, the company’s first quarter also posted continued wins for its Standard Products division.
Thermal conductive gloves are utilized to operate touchscreen devices such as mobile phones and tablets along with providing warmth. It is made from materials such as sandy nitrile that emulates conductive properties of the skin.
With the middle-class, urban population increasing and a major shift in lifestyle, Future Market Insights anticipates exponential growth prospects for the global consumer electronics market. The market is expected to reach a market valuation of $1.713 billion by 2016 end registering a CAGR of 15.4% over 2016-2020.
Temperature sensors are the electronic tools use to rate how hot an operating machine is. High demand for temperature sensor equipment results in growing the market. The global temperature sensors market is anticipated to rise by CAGR of 6% and touch $7.5 billion during the forecast period 2016-2023.
This week, Durig Capital ventures to the technology sector to review an issuer involved in the design and manufacture of semiconductors. Magnachip Semiconductor (NYSE:MX) has been around for over 30 years and is the largest independent supplier of OLED display drivers to panel makers for smartphones. The company’s latest reported quarterly results (three months ending September 30, 2018) were excellent.
Adjusted EBITDA increased 13% year-over-year.
Gross profits were up 10.8% over the prior year period.
Operating income increased by 17.9% over Q3 2017.
Revenues were up 16.6% year-over-year and were at the highest levels since Q4 2012.
Interest coverage over 3x for the third quarter.