Market pressures: InvenSense may be the latest company to be swept up by a wave of consolidation in the industry.
Chinese smartphone brands Oppo and Huawei are tightening their grip on the world’s largest market, grabbing local share and squeezing out Apple Inc and Samsung Electronics Co.
After including Vivo, Chinese vendors held the top three slots and accounted for 48% of shipments in the country during 2016, research firm IDC said. With a line-up of flexible- and curved-screen devices, they look set to dominate the market in 2017.
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