Shulou(Shulou.com)11/24 Report--

CTOnews.com, April 28 (Xinhua) according to the latest report from market research firm Canalys, global smartphone shipments fell 13% year-on-year to 270 million units in the first quarter of 2023. Although the difference in shipments between the first quarter of 2022 and the first quarter of 2023 is still significant, the decline in demand has begun to level off.

Thanks to the new product release, Samsung regained its lead, shipping 60.3 million units. Apple ranked second with 5800 million units shipped. CTOnews.com noted that among the top five vendors, only Apple achieved year-on-year growth, with a 21% market share. Xiaomi defended its third place with shipments of 3050 million units, while OPPO and vivo ranked in the top five with shipments of 2660 million and 2090 million units, with a market share of 10 and 8 per cent, respectively.

Canalys predicts a slight decline in the market in 2023. In the middle of the year, shipments will stabilize at around 2022 levels. The decline in shipments will improve soon, but this is mainly due to the contrast between 2022 and 2023. As channel inventory reaches healthier levels, the smartphone market is expected to start growing in the second half of this year.

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The global smartphone market fell by 13% in the first quarter of 2023

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