Philippines Smartphone Explosion Offers Potential for BitcoinAccording to IDC and TechinAsia reports, Philippines’ statistics come at a time when other countries in the region experienced lackluster growth in smartphone adoption, or even dips.
In comparison, Indonesia’s economy — Southeast Asia’s largest — grew almost 5 percent year-on-year in Q1 2016, but smartphone shipments increased only by 3 percent.
In other countries, smartphone numbers actually fell. Malaysia and Thailand fell by 20 percent, while Singapore was down 13 percent and Myanmar 1 percent.
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