M-KOPA hails customer milestone

Smartphone shipments in Southeast Asia grew 14% year-on-year in Q2 this year reaching 23.9 million units, as the region continues to recover from macroeconomic effects.

The dispute between the Indonesian authorities and Apple is rumbling on as the smartphone giant apparently remains barred from selling the iPhone 16 in Indonesia despite a recent investment deal.

The Southeast Asian smartphone market rebounded in 2024 as vendors shipped 96.7 million units, an annual growth rate of 11% – snapping two years of decline.