
Tech & Innovation
Here’s why emerging markets are a challenge for Apple PayThis item has been corrected.
Updated July 21, 20224 min read

This item has been corrected.

Mobile is counting on the developing world (and its estimated 5 billion mobile subscriptions) in a big way. As Mozilla demonstrates a $25 smartphone, undercutting on price has long been the industry’s strategy to wooing emerging market consumers. However, content also matters significantly. On smartphones, content manifests in apps, meaning mobile providers and companies must ask: Is the battle for cheaper smartphones a worthwhile fight, or does the real war lie in making their content accessible?