Global Smartphone Shipments Decline Due To Poor Demand, Only Apple Sees Growth: Canalys
Source: indianexpress.com Apple remained the only brand to register a positive growth in shipments this quarter, but Samsung retained it's top-spot despite seeing an 8 per cent decline. While shipments of high-end smartphones were up, the overall demand for smartphones fell in the third quarter of 2022. This led to a 9 per cent overall drop in shipments in the quarter, suggests a new report by Singapore-based research firm Canalys. The major reason behind the decrease is a drop in demand. ‘The latest Canalys smartphone analysis indicates weak demand in Q3 2022 caused worldwide smartphone shipments to decline by 9% year-on-year to 297.8 million units,” the report said. Samsung And Apple Stay On Top While the market saw an overall decline, Apple was the only vendor that saw a year-on-year shipment growth. Increased demands for its flagship phones such as the older iPhone 13 and iPhone 14 series, largely drove this and this helped Apple grow 8 per cent in the quart...