Rising inflation and a shortage of currency reduce the demand for smartphones

Rising inflation and shortage of foreign currency led to a 32.1 per cent decline in Nigeria’s smartphone market in the fourth quarter of 2022, a new market analysis by International Data Corporation has disclosed. According to the market intelligence firm, Africa’s smartphone market declined for the sixth consecutive quarter in Q4 2022, with shipments falling by 17.8 per cent year-on-year to…
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Latest chipset for 5G smartphones is unveiled by MediaTek.

Next-generation 5G smartphones will be powered by MediaTek’s flagship processor, the Dimensity 9000 chipset technology, in Nigeria. Dimensity 9000, according to MediaTek, is the first smartphone chip ever created using the incredibly effective TMSC N4 (4nm-class)…