The global smartphone market started to grow despite global inflation

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Approximately 328 million devices were sold in the global smartphone market in the fourth quarter of 2023, an increase of 8.6% compared to the same period last year. In this respect reports GizmoChina quotes a report from analytics firm Omdia.

The growth in the last three months of 2023 was the first of nine quarters. However, total shipments in 2023 fell 3.5%; This has highlighted ongoing challenges in the form of global inflation and supply chain disruptions.

Apple showed the best result among vendors in the fourth quarter of 2023. The company’s shipments reached a record high of 78.7 million units, an increase of 6.5% compared to the same period in 2022. Apple’s main rival, Samsung, recorded a 9% decline in shipments during this period compared to the fourth quarter of 2022. Chinese company Xiaomi grew by 24% annually.

Below Transsion (+74%), Oppo (+2.8%), Vivo (+1.7%), Honor (+13.5%), Motorola (+11.6%), Huawei (+64%) and Realme (+). 7.1%)

Omdia foresees potential problems that could lead to a decline in the market in the second half of 2024. Factors that could affect the industry’s recovery include delays in economic recovery, political instability, and increased demand for used and refurbished smartphones.

Americans before started Return Apple Vision Pro to stores due to the gadget’s shortcomings.

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