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Smartphone Demand Plummets In China By 16 Pct

PYMNTS

As China’s economy rebounds from COVID-19, smartphone sales have not been part of the recovery. Phone manufacturers delivered 28 million handsets last month, down from 33 million in June 2019, according to the China Academy of Information and Communications Technology (CAICT), a state-backed think tank, the paper reported.

Apple 154
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The smartphone as a mobile identity device

Payments Dive

New mobile technologies make it possible for payments companies to leverage consumers' smartphones as an identity device, enabling compliance with AML and KYC regulations while maintaining the superior user experience that consumers expect.

Mobile 284
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Report: Smartphone Production Expected To Hit Record Low In Q2

PYMNTS

A revised forecast of smartphone production predicts volume will shrink to a record low in the second quarter as the spread of the coronavirus continues to hurt sales, according to a press release. In Q1, Vivo Communication Technology Co. percent lower than the same period last year. percent lower than the same period last year.

Report 151
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 Blockchain Dials Up Smartphones

PYMNTS

The world’s first blockchain-enabled smartphone will debut in Bangladesh , India. There has been a growing embrace of smartphones in Bangladesh. There has been a growing embrace of smartphones in Bangladesh. The phone has been approved to be imported and will be available starting next month. Finney will cost $999.

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Blockchain-Friendly Smartphone Introduced By Samsung

PYMNTS

The smartphone will have the same hardware and packaging as the recently-released Galaxy Note 10, and prices will start at around $1,000, the sources said. Blockchain relies on encryption to cloak a range of transaction data, but the technology is largely misunderstood. Right now, it’s only being sold in South Korea.

Samsung 197
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Mobile Payments On Smartphones Soar In Japan

PYMNTS

Making mobile payments with a smartphone in Japan is more popular than ever, according to eMarketer, a New York-based market research company. And with the Olympics pushed back to 2021, we can expect the Japanese government to continue to invest in mobile payment technology as part of its measures to keep the games safe,” Liu added.

Mobile 201
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How Five Retailers Are Catering To Smartphone Shoppers

PYMNTS

Consumers are tethered to their smartphones, and their affinity for connected devices extends into commerce – they are using these tools when they go shopping, even as they peruse the aisles of their local brick-and-mortar stores. For shoppers who rely on smartphones, the “face” of the modern retailer is becoming its mobile website and app.

Retail 130