BRIEF-Worldwide smartphone growth forecast to slow to 3.1% in 2016 - IDC

Wed Jun 1, 2016 9:31am EDT
 
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June 1 (Reuters) - Idc

* Smartphone shipments expected to hit 1.48 billion in 2016 and grow to 1.84 billion in 2020

* Expects large markets like united states, western europe, and china to see low single digit growth rates in 2016

* Expects japan and canada markets to contract by 6.4% and 6.9%, respectively in 2016

* Worldwide smartphone growth forecast to slow to 3.1% in 2016 as focus shifts to device lifecycles, according to idc

* New 2016 shipment forecast is 2.6 percent points lower than previous forecast for 2016 on basis of continued slowdown in "mature markets" and china

* Believes apple can bring iphone back to growth in 2017 and beyond supported by its early trade-in program as well as lower cost iphone se Source text for Eikon: (Bengaluru Newsroom: +1-646-223-8780)