Counterpoint, TECNO, MediaTek and Forbes Magazine Discuss Smartphone Trends Towards Premium and the Technologies Behind Them
- Counterpoint Research, TECNO, MediaTek and Forbes to discuss push towards premium smartphones in Webinar to be broadcast November 22
- The shift upwards is being driven by emerging markets like SE Asia, with consumers willing to pay more for feature sets available only on premium devices just a few years ago
- Availability and integration with chipsets like the MediaTek Dimensity 9000 5G is helping OEMs like TECNO enter the premium fray with its soon to launch Phantom X2 flagship
- The camera experience underpins their new flagship and TECNO’s push towards premium
London, Jakarta, New Delhi, Mumbai, Beijing, Seoul, Boston – November 17, 2022
Counterpoint Research, TECNO, MediaTek and Forbes Magazine will discuss trends highlighting the shift towards more premium smartphone features and segments in a Webinar entitled The Push Towards Premium: Changing Smartphone Preferences and the Technologies Behind Them, to be broadcast on Tuesday, November 22 at 7pm Jakarta time (12pm London, 8pm Beijing). Register here to receive accompanying report Brand Story: The Rise of TECNO. Over the past five years, the smartphone market has been evolving towards more premium offerings, helped by technology advancements across various components and consumer willingness to pay more for their devices – especially across emerging markets. Two key areas have been: 1) Cameras, which now usually have three or four lenses to overcome smartphone size constraints, and 2) SoC processor speeds, which continue to edge upwards to power the AI algorithms required by the today’s complex imaging systems.Levelling Up: Camera Systems and SoCs
Source: Counterpoint Research Global Smartphone Sales Tracker.
“The usual forward momentum of technology is driving things upwards, which is why we get better cameras, longer battery life, more storage, faster phones and the like. And although smartphone average selling prices (ASP) are increasing, it’s not commensurate with the improved experiences being delivered”, notes Tarun Pathak, Counterpoint’s Research Director for smartphones. “Interestingly, consumers in emerging markets like Southeast Asia and Latin America are helping ASPs rise more quickly than the global average, with large segments of savvy users upgrading to their second or third device. In Southeast Asia, ASPs have risen on average by 15% annually for the past three years, while Latin America also saw double digit YoY growth last year. “TECNO is moving regionally to ride this wave of growth, and central to this has been the expansion of our portfolio into more premium products and delivering to our customers some really great cameras”, says Jimmy Hsu, Associate Director of TECNO’s Image R&D Center. “The culmination of this is the Phantom X2 flagship that ships with the Dimensity 9000 5G, which addresses one of the holy grails of smartphone photography – great night-time shots.”Before and After: MediaTek Dimensity 9000 5G & Utra-Fast Night Scene Algorithm
Source: Image on left taken with xxx smartphone; right image on the TECNO Phantom X2.
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Counterpoint Research is a global industry and market research firm providing market data, intelligence, thought leadership and consulting across the technology ecosystem. We advise a diverse range of global clients spanning the supply chain – from chipmakers, component suppliers, manufacturers and software and application developers to service providers, channel players and investors. Our veteran team of analysts serve these clients through our offices located across the key innovation hubs, manufacturing clusters and commercial centers globally. Our analysts consistently engage with C-suite through to strategy, market intelligence, supply chain, R&D, product management, marketing, sales and others across the organization. Counterpoint’s key coverage areas: AI, Automotive, Cloud, Connectivity, Consumer Electronics, Displays, eSIM, IoT, Location Platforms, Macroeconomics, Manufacturing, Networks & Infra, Semiconductors, Smartphones and Wearables.