New data from Canalys shows how smartphone shipments worldwide have fallen 11% due to adverse market conditions. Demand has remained slow in 2022 amid an unfavorable market.
Samsung led the market share with 24% while Apple placed second with 18% share. Xiaomi placed third with 13% share due to the success of the Redmi Note series. OPPO, which makes OnePlus, and vivo took fourth and fifth places respectively.
Despite ongoing uncertainty, these smartphone makers found ways to remain relevant by broadening their device portfolios for the year. For example, Samsung revamped its A series to continue to be a popular mid-to-low segment phone.
