Best buy guide: Galaxy Watch 6 or Galaxy S24+. Woo-hoo join SamMobile on WhatsApp or Telegram!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

Notifications
    News for you

    Samsung retains its crown as the global smartphone market leader in Q3 2023

    Business
    By 

    Last updated: October 31st, 2023 at 07:43 UTC+01:00

    A new report by Canalys shows that the global market showed some signs of recovery in Q3 2023, and Samsung remained in the top spot, delivering a total of 57.2 million units, amounting to 20% of the market share. The second spot was grabbed by Apple, which bagged 17% market share in Q3 2023, followed by Xiaomi (14%), and OPPO (9%).

    Previous quarters haven't been that great for the global smartphone market, as shipments are going south due to various factors, one of which is the recession in major economies. But Q3 2023 brings a ray of hope, and it seems like the global smartphone market is on the road to recovery. Smartphone shipments fell by 1% to 293.4 million units in Q3 2023.

    New launches in Q1 2024 are expected to boost the global smartphone market

    Samsung was able to retain its top spot because of the timely rollout of this year's foldables, i.e., the Galaxy Z Flip 5 and the Galaxy Z Fold 5. Apple, on the other hand, was able to ship 50 million units thanks to the robust demand for the iPhone 15 series, which features the long-awaited USB-C charging port.

    Sanyam Chaurasia, Senior Analyst at Canalys, said, “Rising demand for fresh offerings in emerging markets is propelling brands and channels forward as the holiday season approaches.” Research analyst at Canalys, Lucas Zhong, said that the global smartphone market may witness a slight growth in Q1 2024.

    Moreover, mobile manufacturers are expected to have good inventory by the end of Q4 2023, and there will be enough room to build a potential demand recovery.

    Business AppleGalaxy Z Flip 5Galaxy Z Fold 5Oppo Buy Galaxy S23 FE now!

    You might also like

    One UI 6.1: Find Circle to Search overrated? Here’s how to turn it off

    One UI 6.1: Find Circle to Search overrated? Here’s how to turn it off

    As you may know by now, some of the AI features on the Galaxy S24 series are powered by Google. In fact, one of the features doesn't even require a Samsung phone nor is it exclusive to Galaxy devices. It's called Circle to Search, which can be used to do Google searches on anything that […]

    • By Abhijeet Mishra
    • 12 hours ago
    Android 15 (One UI 7) update: Which Galaxy phones will get it

    Android 15 (One UI 7) update: Which Galaxy phones will get it

    Google kickstarted the Android 15 conversation on February 17 by releasing the first developer preview of the next version of the operating system, and users of Samsung Galaxy smartphones and tablets have unsurprisingly begun to wonder if their devices will get Android 15. Google will take until July to finish work on Android 15, and […]

    • By Abhijeet Mishra
    • 1 day ago
    Galaxy Z Fold 5 and Flip 5 April security update out in the USA

    Galaxy Z Fold 5 and Flip 5 April security update out in the USA

    Galaxy Z Flip 5 and Galaxy Z Fold 5 owners in the USA can look forward to a new update this week. This update follows the One UI 6.1 update that started rolling out late last month and brings security enhancements to Samsung's latest foldables. The update is available for both carrier-locked and unlocked units […]

    • By Abhijeet Mishra
    • 4 days ago
    Google Wallet gets support for Apple Wallet passes, linked passes

    Google Wallet gets support for Apple Wallet passes, linked passes

    Google Wallet is among the most used digital wallet apps in Western markets. It has now started supporting Apple Wallet passes, which is excellent, as many services offer passes for Apple Wallet. It has also received support for linked passes, which sometimes improve the user experience. These Google Wallet features work on Galaxy phones, too. […]

    • By Asif Iqbal Shaik
    • 4 days ago
    Galaxy Z Flip 5, Fold 5 users complain about battery life issues with One UI 6.1

    Galaxy Z Flip 5, Fold 5 users complain about battery life issues with One UI 6.1

    Last week, Samsung released the much-awaited One UI 6.1 update to the Galaxy Z Flip 5 and the Galaxy Z Fold 5. The update brought plenty of AI-powered features to Samsung's foldable phones. However, it also seems to have introduced a few issues, such as shorter battery life. Galaxy Z Flip 5 and Z Fold […]

    • By Asif Iqbal Shaik
    • 7 days ago
    Galaxy Z Fold 5 gets April security update following One UI 6.1

    Galaxy Z Fold 5 gets April security update following One UI 6.1

    On March 28, Samsung started rolling out the One UI 6.1 update to all 2023 flagships, including the Galaxy Z Fold 5. One UI 6.1 came bundled with the March 2024 security patch, and Samsung is now following up with a new update that brings the latest security patch to these devices. The Galaxy Z […]

    • By Abhijeet Mishra
    • 1 week ago