01919cas a2200325 a 4500 AALejournalIMF018229 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484339695 1018-5941 BD-DhAAL BD-DhAAL Carton, Benjamin. A New Smartphone for Every Fifth Person on Earth : Quantifying the New Tech Cycle / Benjamin Carton, Joannes Mongardini, Yiqun Li. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (22 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The enormous global demand for smartphones in recent years has created a new global tech cycle. In 2016 alone, global smartphone sales reached close to 1.5 billion, one for every fifth person on earth. In turn, this has engendered complex and evolving supply chains across Asia. We show that the new tech cycle cannot be captured by standard seasonality, but depends on smartphone product release dates. Decomposing cycle from trend, we also show that the sale of smartphones may have peaked in late 2015. Asia, however, continues to gain in importance as the global tech manufacturer. Mode of access: Internet Electronics Export Order imf Export imf Smartphone imf WP imf Taiwan Province of China imf Li, Yiqun. Mongardini, Joannes. IMF Working Papers; Working Paper ; No. 2018/022 Full text available on IMF http://elibrary.imf.org/view/journals/001/2018/022/001.2018.issue-022-en.xml IMF e-Library