Global smartphone market to gain momentum only in 2nd half of 2023: Report
The global smartphone market remains challenging and it will gain momentum in the second half of the year as channel inventories reach healthier levels, a report has shown. Shipments will stabilise around the levels from 2022 as we move into the middle of 2023, according to market research firm Canalys.
The global smartphone shipments fell by 13 per cent to 269.8 million units in Q1 2023. Pic: Reuters