Samsung's low-end A series phones are helping to keep Samsung at the top of the smartphone charts during Q2. Apple is propped up by strong iPhone 13 sales.
has released its second quarter data showing that smartphone shipments for the period declined by 9% on a year-over-year basis. The firm explained that issues with the global economy were to blame as were certain regional factors. Samsung remained the top smartphone vendor worldwide with a 21% market share thanks in part to strong shipments of its budget-priced Galaxy A series.
Continued high demand for the iPhone 13 series helped Apple maintain the second highest market share among global phone manufacturers at 17%. China's Xiaomi, Oppo, and Vivo were third, fourth, and fifth respectively. Each of these firms had declines in phone shipments during the second quarter leaving them with global market shares of 14% , 10% , and 9% .
"In the near term," Zhu added,"vendors will look to accelerate sell-through using promotions and offers ahead of new launches during the holiday season to alleviate the channel's liquidity pressure. But in contrast to last year’s pent-up demand, consumers’ disposable income has been affected by soaring inflation this year.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ohio startups raised $500 million in Q2: See which Greater Cleveland companies made big dealsOhio companies nabbed $507 million worth of venture capital deals in the second three months of 2022, a strong quarter in what has been a mixed bag for venture capital across the U.S.
Read more »
Web3 dominates venture capital interest in blockchain industry in Q2 2022Can the numbers lie? Cointelegraph Research analyzes all the deals and trends from venture capital in the blockchain industry during Q2 2022, and things aren't exactly as they appear.
Read more »
RBNZ Q2 Sectoral Factor Model Inflation climbs by 4.8% YoY, Kiwi stays below 0.6200The Reserve Bank of New Zealand (RBNZ) released its Sectoral Factor Model Inflation gauge for the second quarter of 2022 this Monday. The gauge accele
Read more »
Solana-Based Move-to-Earn App STEPN Generated Over $122M in Profits in Q2STEPN also revealed actively eyeing fresh prospects for partnership and sponsorship with on-brand sports and entertainment events.
Read more »
New Zealand Q2 Consumer Price Index rose to 7.3% YoY, NZD/USD stays firmerNew Zealand Q2 Consumer Price Index rose to 7.3% YoY, NZD/USD stays firmer – by anilpanchal7 NewZealand Inflation RiskAppetite Macroeconomics NZDUSD
Read more »
The Chief Marketing Officer: Q2 2022Want to find out how you can be more customer centric? Gartner_MKTG's Q2 issue of the CMO journal is all about CustomerJourney orchestration — one of the key points of discussion for CMOs who want to become more customer-centric today: GartnerMKTG
Read more »