The global smartphone market grew 5% year-on-year in October after contracting for 27 months, said Counterpoint Research.
Global smartphone sales rose in October after declining for 27 straight months on a year-on-year basis, led by a recovery in emerging markets, data from Counterpoint Research showed.
The launch of Apple’s iPhone 15 series in late September also helped bolster smartphone sales. “As compared to last year, the launch was delayed by a week which meant the full effect of the new iPhone sales was felt in October,” said Counterpoint Research.
South Korea’s Samsung continued to lead the global smartphone market in the third quarter, with a 20% share of total smartphone sales, according to Counterpoint Research data.
Counterpoint Research expects the global smartphone market to grow further in the fourth quarter…Read more