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IDC report is finally out, and while it is important to note of the top mobile brands in terms of smartphone shipments, it is equally vital to look at what helped to make this happen. If you take a look at the chart that IDC posted last October 1, ultra low-end and low-end devices dominate the price band spectrum of the industry. A year later, you would notice a significant shift in the spectrum where ultra low-end decreased, while both low-end and mid-range increased. Now, why are more Filipinos able to buy mid-range smartphones this year than last year? To understand this, we had to ask an investments and economics expert, Migs Lopez of Critical Index. Migs shared with us that the changes we are seeing this year in the smartphone consumer landscape have something to do with Filipinos’ purchasing power, TRAIN law, and inflation. TRAIN Law Effect The Filipino…