Samsung Electronics and Apple remained the top semiconductor buyers in 2014, representing a combined semiconductor demand of 17 per cent, according to Gartner.
The consensus among analysts appears to be that 2014 was a terrible year for tablet sales, but opinions seem to differ over the outlook for the mobile devices in 2015.
After a difficult year in 2014, the global tablet market is not returning to the levels of growth seen in the last four years as demand for tablets will continue to be slow in 2015 according to latest research from Gartner.
Apple continued to benefit from the launch of the iPhone 6 and iPhone 6 Plus in the three months to the end of November 2014, with the iOS operating system increasing its market share in Europe as well as in all other markets except for Japan as surveyed by Kantar Worldpanel ComTech.
Sales of smartphones to end-users grew 20.3 per cent year-on-year to reach 301 million units globally.
Xiaomi posted $56.1 million (347.5 million yuan) in net profit last year, according to a regulatory filing. The filing provides a glimpse inside the finances of privately owned Chinese smartphone vendor Xiaomi, which has rocketed up the rankings to become one of the world's top smartphone brands in the past few quarters.
Governments in the Middle East and North Africa will spend $12.2 billion (€9.7 billion) on IT products and services in 2014, an increase of 1.3 percent over 2013 revenue of $12 billion, according to Gartner. Telecom services, which include fixed and mobile telecom services, will be the largest overall spending category throughout the forecast period.
Pay-TV remains the biggest segment on the overall consumer video services market, but it's masking an incendiary spending rise for SVOD services like Netflix and Amazon Prime Instant Video.
Research firms Gartner and CCS Insight think much of the mobile phone shipment growth that will occur in 2014 will be driven by low-cost smartphones, underlining a shift down market that vendors and platform companies have been keen to take advantage of in their search for growth.
Worldwide semiconductor revenue is on pace to reach $338 billion (€269 billion) in 2014, a 7.2 per cent increase from 2013, and up from the previous quarter's forecast of 6.7 percent growth, according to latest figures from Gartner.