TECH Global smartphone sales rebound in October a
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Posted On: 11/23/2023 4:30:56 AM
TECH
Global smartphone sales rebound in October after declining for more than 2 years:
KEY POINTS
The global smartphone market grew 5% year-on-year in October after contracting for 27 months, said Counterpoint Research.
The growth was led by a recovery in emerging markets, Huawei’s comeback in China, Apple’s iPhone 15 launch in September, among other factors.
“Following strong growth in October, we expect the market to grow year-on-year in 2023 Q4 as well, setting the market on the path to gradual recovery in the coming quarters,” the research firm said.
Global smartphone sales rebound in October after declining for more than 2 years:
KEY POINTS
The global smartphone market grew 5% year-on-year in October after contracting for 27 months, said Counterpoint Research.
The growth was led by a recovery in emerging markets, Huawei’s comeback in China, Apple’s iPhone 15 launch in September, among other factors.
“Following strong growth in October, we expect the market to grow year-on-year in 2023 Q4 as well, setting the market on the path to gradual recovery in the coming quarters,” the research firm said.
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