Global smartphone sales fall below 100 mn units for 2nd time in 10 yrs

The global smartphone sales declined to 96 million units in May, only the second time in the last 10 years that it fell below the 100-million mark, a new report showed on Thursday.

The last time global smartphone sales went below the 100 million mark was during the first Covid-wave in May 2020, according to Counterpoint Research.

Even after a “V” shaped recovery following the first COVID-19 wave in 2020, the smartphone market has still not reached the pre-pandemic levels.

The global smartphone sales declined 4 per cent (month-on-month) and 10 per cent (year-on-year) last month. This was the second consecutive month of MoM decline and the 11th consecutive month of YoY sales decline.