Counterpoint: India’s smartphone market shrinks by 3% in Q2, premium segment grows 112%

A new analysis from Counterpoint reveals the free fall of the Indian smartphone market might be coming to an end. Overall shipments dropped just 3% compared to Q1, which is less than analysts expected. Counterpoint researchers believe that the improving market conditions and declining inflation had a good impact on sales. In fact, the premium […]

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Canalys: Global smartphone shipment down 10% in Q2, Transsion is now a top-five vendor

Global smartphone shipments during the April, May and June months totaled 258.2 million units as per the latest Canalys Smartphone Market Pulse report. The figure represents a 10% decline compared to the same period last year. Despite the sixth straight quarter of negative growth, global smartphone demand is slowly rebounding thanks to industry-wide inventory reductions […]

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Samsung profits sinks by 95% in Q2, memory chip demand improves

Following yesterday’s big Unpacked event, Samsung published its financial report for Q2 2023. The results are on par with the previously posted guidance and show yet another gradual decline compared to the values from a year ago. Revenues for the April, May and June months totaled KRW 60.01 trillion ($46.89 billion) which is a 22% […]

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Canalys: wearables back to growth in Q2, smart bands losing ground

According to newly compiled Canalys report, the global smart wearable market recorded a 2% increase in shipments in Q2 2022, compared to Q1. The total global shipments of smart wearables – basic bands and smartwatches – stood at 41.7 million units. Of them, basic watches recorded a big 46.6% increase in shipments, while smartwatches (those […]

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Omdia: Apple, Samsung and Honor win in Q2, overall market loses

Per Omdia’s research, the global smartphone market in Q2 of this year was worse off than in Q2 of 2021, and worse still compared to Q1 of 2022. There were a total of 293.7 million smartphones shipped in the months April through June, compared to 307.7 million in Q1, and 303.3 million in Q2 2021. […]

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Analysts: Galaxy shipments drop 16% in Q2, but chip business brings in increasing profits

Samsung Electronics is expected to publish its Q2 financial report later this week, but analysts are forecasting a 15.6% increase in operating profit compared to the same period last year, reports Yonhap News. This is despite declining sales of consumer electronics. Smartphone shipments are down to an estimated 61 million units in the April-June period, […]

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The Honor 50 will get Magic UI 6 (Android 12) in Q2, the 50 Lite in Q3

The two Honor phones we handled at the MWC – the Magic V and the Magic4 Pro – came with the latest Magic UI 6.0 (based on Android 12). Other Honor phones are still running version 5.0 of the UI, but the company has unveiled a roadmap to bring select models up to speed. Note […]

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