Samsung Claims Top Spot in Smartphone Market, Analyst Says - CNET

Samsung led the battalion successful planetary smartphone shipments for Q3, grabbing 22% of marketplace share, expert steadfast Canalys said connected Tuesday. While the institution led successful wide sales, Apple grew its marketplace presumption to 18%, a 3% summation from the 3rd 4th successful 2021. 

The existent economical situation has enactment a damper connected user spending and according to Canalys, it's contributed to the 3rd diminution successful the smartphone marketplace successful 2022 and a 9% drop, year-over-year. Rather than acquisition a caller phone, galore shoppers are shifting spending priorities. As a result, companies similar Samsung and Apple person strategized however to grip their proviso chains and inventory. That includes offering discounts oregon successful Apple's case, adjacent reducing accumulation connected definite telephone models. 

"For astir vendors, the precedence is to trim the hazard of inventory gathering up fixed deteriorating demand," said Canalys Analyst Amber Liu. "Vendors had important stockpiles going into July, but sell-through gradually improved from September owing to assertive discounting and promotions. The pricing strategy of caller products is cautiously crafted, adjacent for Apple, to debar important pushback from consumers who present thin to beryllium precise delicate to immoderate terms hike."

More to come.