Tag: Global smartphone market

Global smartphone demand continues fall as economic woes hit

Global smartphone demand continues fall as economic woes hit

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The global smartphone market had its worst third quarter since 2014 as economic headwinds pushed consumers to delay discretionary purchases like personal electronics. Shipments of smartphones around the world fell 9% in the three months ended September, extending a decline that’s lasted the entirety of 2022, according to market research firm Canalys. The downward trend […]

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Global smartphone shipments fall 9 per cent in second quarter of 2022: Canalys

Global smartphone shipments fall 9 per cent in second quarter of 2022: Canalys

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Waning demand and economic headwinds are negatively impacting the global smartphone market, shows data from Canalys, the Singapore-based research firm. According to Canalys’ latest report, the global smartphone market fell 9 per cent year-on-year (YoY) in the second quarter of the year. “Vendors were forced to review their tactics in Q2 as the outlook for […]

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