Canalys: Global smartphone market takes first steps to recovery in Q3

The smartphone market had a rough time in the past few quarters, but the worst might finally be behind it, reveals Canalys in its latest report. The yearly decline is just 1% in Q3 2023, although vendors should remain cautious about the rebound, as the geopolitical uncertainties are not over, and companies are still readjusting their sales channels and component inventories.

The leader in the market remained Samsung, followed by Apple. Xiaomi remained the third-largest smartphone company in the world for Q3, while Transsion, owner of brands itel, Infinix, and Tecno, is now on a…

​ The smartphone market had a rough time in the past few quarters, but the worst might finally be behind it, reveals Canalys in its latest report. The yearly decline is just 1% in Q3 2023, although vendors should remain cautious about the rebound, as the geopolitical uncertainties are not over, and companies are still readjusting their sales channels and component inventories.

The leader in the market remained Samsung, followed by Apple. Xiaomi remained the third-largest smartphone company in the world for Q3, while Transsion, owner of brands itel, Infinix, and Tecno, is now on a…   Read More GSMArena.com – Latest articles 

Leave a Reply