Smartphone Market Slumps to Lowest in a Decade

The data, shared exclusively with Reuters, showed that the share of the top five brands, which also include Chinese firms Xiaomi, Oppo and Vivo, had fallen to a three-year low.

Among those that gained market share in the quarter are Apple's Chinese rival, Huawei, which despite the strict U.S. sanctions against it, shocked the industry earlier this year with its Mate 60 Pro smartphone that uses an advanced domestically made chip. Counterpoint cited the iPhone 15 lineup that went on sale in September as a factor that could help revive growth in developed markets such as the United States, Europe and Korea.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global smartphone market slumps to lowest Q3 level in decadeGlobal smartphone market slumps to lowest Q3 level in decade - Counterpoint
Source: Investingcom - 🏆 450. / 53 Read more »

Why bond-market investors are not panicking about the worst Treasury bear market in history‘Ripping the band-aid off’ this time should be preferable to investors because interest rates are now much higher to act as a margin of safety, says Ben Carlson
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks edge higher, Tesla, Powell in focus, Pfizer slumps, Taylor Swift shines, Lululemon enters S&P 500 -...Stocks higher, Tesla, Powell in focus, Pfizer, Taylor Swift, Lululemon
Source: startelegram - 🏆 248. / 63 Read more »