Canalys: Global smartphone shipments in Q1 totaled 270 million models, market still contracting

Global smartphone shipments continued to plummet throughout the January-March interval with 269.8 million models shipped primarily based on the most recent report from Canalys. The determine is 13% decrease than the identical interval final 12 months and continues the adverse pattern seen in previous quarters as a consequence of a mixture of components together with stock build-up and restricted shopper demand.

Samsung shipped 60.3 million smartphones in Q1 which translated in a 22% market share. Samsung’s revamped Galaxy S and Galaxy A portfolios led to the bounce again. Apple got here in second with 58 million shipments and a 21% share of the market. Cupertino continues to see sturdy demand for its iPhone 14 Pro sequence and was the one vendor on the checklist with constructive annual development. Xiaomi rounds off the highest three with 30.5 million shipments and an 11% market share however it additionally boasted the most important decline in market share on a yearly foundation.

Oppo (26.6 million shipments) and vivo (20.9 million) got here in fourth and fifth place incomes 10% and eight% market share respectively. Looking forward, Canalys analysts anticipate some constructive momentum for OEMs in the second half of the 12 months with more healthy channel stock ranges.

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