Global shipments of smartphones fell by 9% for the three months that ended in September, which contributed to the ongoing decline that persisted until 2022.
For an additional nine months, Canalys anticipated a fall in demand for market research.
This year, sales for the businesses Xiaomi, Vivo, and Obo all decreased by two numbers, while the iPhone was the only one to exhibit market strength and adaptability.
The statistics revealed that Samsung, which doesn’t have a significant market presence in China, has retained its top global position with a 22% market share, an increase of 1% over the same period last year because to the significant discounts and promotions.
Share of Apple increased from 15% to 18%.
Share of Oppo decreased from 11% to 10%.
Share of Vivo decreased from 11% to 9%.
The percentage of the remaining businesses, which included LG, Motorola, Google, Sony, and WWAN Plus, decreased from 28% to 27%.
The smartphone industry implodes, and the recession continues for an additional nine months.
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