TECH Global smartphone sales rebound in October a
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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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