Smartphone market returns to growth

Over the last eight quarters shipments have been:

The smartphone market turned up in October, says Counterpoint Research which is the first month it has grown y-o-y for two years. For Q3, Counterpoint is forecasting the first growth quarter for eight quarters.

October shipments grew 5% y-o-y which is the first month in 27 consecutive months since June 2021 to show y-o-y growth.

2021 Q4 371.4
2022: Q1 326.4 Q2 294.5 Q3 301.9 Q4 303.9
2023:  Q1 280.2 Q2 268 with a forecast for Q3 of 299.8

Read more:
https://www.electronicsweekly.com/news/business/smsrphones-2023-11/

Published : 30-Nov-2023

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