If you take these numbers as reliable, there's still plenty of room for penetration. https://en.m.wikipedia.org/wiki/List_of_countries_by_smartphone_penetratio

If you take these numbers as reliable, there's still plenty of room for penetration. https://en.m.wikipedia.org/wiki/List_of_countries_by_smartphone_penetration https://en.m.wikipedia.org/wiki/List_of_countries_by_smartph... The biggest barriers are probably creating *G infrastructure in countries which don't have it widely deployed, and raising per capital GDP so people can afford devices. If you're a Chinese OEM, you're prolly looking for volume increases over profit margin.