IDC, or International Data Corporation, has been in the news recently due to its reports on the smartphone market in China. According to IDC, Apple continues to hold the top position in China's premium segment, which includes smartphones priced over US$600. However, Apple is facing increasing competition from Honor and Huawei, resulting in a decline in its market share in this segment.
Established in 1964 by Patrick Joseph McGovern in Newtonville, Massachusetts, IDC is a prominent market research company that specializes in providing insights and analysis on the technology industry. The organization offers research, consulting, and events services to help businesses make informed decisions in the rapidly evolving tech landscape. With its headquarters in Massachusetts, IDC has established itself as a trusted source of information for companies looking to navigate the complexities of the technology market.