Global smartphone shipments have decreased by 13% in the first quarter of 2023, Bebom tells us in a report.
The report notes that this marks the fifth consecutive quarter of decline, with limited consumer demand, inventory build-up, and supply-chain issues due to the Covid-19 pandemic contributing to the decline.
Smartphone Market Players Hold On
With 60.3 million smartphone shipments, Samsung regained its position as the market leader, accounting for 22% of the market. The company’s redesigned Galaxy S and Galaxy A portfolios enabled it to recover quarter over quarter.