The Philippines wearable electronic gadgets market grew 15.5 percent quarter over quarter and 23.7 percent year over year in 3Q22 as shipments reached 370,000 units, according to International Data Corporation’s Worldwide Quarterly Wearable Device Tracker.
Despite an economic slowdown, IDC said, Huawei took the top spot with its wristbands accounting for 66.0 percent of its overall wearable shipments.