Global smartphone market sees revenue drop 3% to $100b - China Daily

A presumption of the caller iPhone 14 astatine an Apple lawsuit astatine their office successful Cupertino, California, US connected Sept 7, 2022. [Photo/Agencies]

The planetary smartphone gross declined 3 percent year-on-year to a small higher than $100 cardinal (700 cardinal yuan) successful the 3rd 4th of this year, the Beijing Youth Daily reported connected Monday, citing the marketplace probe institution Counterpoint Research.

The planetary smartphone shipment fell 12 percent year-on-year to 301 cardinal units successful the 3rd quarter, according to the company.

Thanks to the high-end mobile telephone marketplace showing much resilience successful the look of economical fluctuation, its mean selling terms accrued 10 percent year-on-year successful the aforesaid period.

Moreover, the shipment of 5G mobile telephone accounted for 46 percent of the full planetary mobile telephone shipment during the period.

The 5G mobile telephone contributed implicit $80 cardinal successful revenue, accounting for 80 percent of the full planetary mobile telephone revenue, to make a historically precocious successful the 3rd 4th of this year, said Harmeet Singh Walia, a elder expert astatine Counterpoint Research.

Apple's gross accrued 10 percent year-on-year successful the 3rd 4th of this year, and the mean selling terms grew 7 percent year-on-year. The institution was the lone large archetypal instrumentality manufacturer, oregon OEM, successful China to spot a year-on-year summation chiefly driven by beardown request for the iPhone 14 Pro models, according to the Counterpoint Research.

Xiaomi's mobile telephone accrued 4 percent successful revenue, and the mean selling terms roseate 14 percent year-on-year to $205.

Vivo, OPPO and HONOR remained the apical 3 brands successful China.