" .. Smartphones are becoming increasingly saturated in China," said Kitty Fok, Managing Director at IDC China, in a statement. "China is oftentimes thought of as an emerging market but the reality is that the vast majority of phones sold in China today are smartphones, similar to other mature markets like the US, UK, Australia, and Japan .. "

Considering that the (cell phone) market began to grow around 1990 a 90% saturation of smart phones (since approx. 2006) these days is quite a signal. There aren't many more people in this world that are 'first time cell phone buyers'. The replacement of phones will, however, keep the factories running some more time. And what's going to happen then?

Another fine example of the end of growth. NOTHING grows infinitely except for human foolishness to believe in 'endless growth'.