Smartphone market falls 9-12% in Q3 bitten by weak demand: Market trackers
NEW DELHI: The global smartphone market fell 9%-12% to approximately 298-302 million units in the third quarter due to weak demand amidst economic uncertainties, according to market trackers.
Canalys said weak demand in the quarter ended September caused shipments to decline 9% year-over-year to 297.8 million units, while preliminary data from IDC revealed a 9.7% year-over-year decline to 301.9 million units. Counterpoint reported a 12% year-on-year decline to 301 million units in the same quarter.