By John Lee.
The market for smartphones in Iraq has reportedly grown by 86 percent year-on-year in Q4 2023.
According to research by Canalys, this has come, "despite rising restrictions on US dollar cash withdrawals by local banks exacerbating a shortage and driving up the parallel market exchange rate."
It says that vendors including TRANSSION and Xiaomi are targeting younger younger customers by offering appealing designs, advanced technology, and affordable prices.
(Source: Canalys)
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