Smartphones are essential to mobile internet growth, and the related economic development that these devices enable within emerging markets. That being said, there's also a significant segment of the developed markets that favors lower-cost devices with 'good enough' features and performance. Mobile phone vendors shipped a total of 347.4 million smartphones worldwide in the first quarter of 2017 (1Q17), according to the latest market study by International Data Corporation (IDC). Smartphone Global Market Development According to the IDC assessment, consumers continue to show demand for smartphones and vendor flagship hype seems strong as ever. Worldwide smartphone shipments grew 4.3 percent in 1Q17, which was slightly higher than IDC's previous forecast of 3.6 percent growth. "The first quarter smartphone results further prove that the smartphone industry is not dead and that growth still exists," said Ryan Reith, program vice president at IDC . "...
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