1. Global

Global smartphone shipments are likely to grow nearly 50% on year to 340M units in 1Q21, driven by robust sales of Apple’s iPhone 12 Pro and iPhone Pro Max as well as a ramp-up in shipments by Chinese brands to grab the market share relinquished by Huawei, according to Digitimes Research. Global shipments of 5G-enabled phones are expected to reach over 600M units in 2021 compared to 280M units shipped a year earlier, Digitimes Research estimates. Huawei, Apple and Samsung were the top-three 5G phone vendors in 2020, accounting for over 70% of global 5G…