Consumers continue to shun smartphone upgrades

Author: EIS Release Date: Aug 23, 2023


The  slump in smartphone sales continued in Q2 with an 8% global fall, according to Smartphone Country Share Tracker. 
 
The  slump in smartphone sales continued in Q2 with an 8% global fall, according to Smartphone Country Share Tracker. 
 
Major countries saw the following declines:
 
 
Korea, declined 17%                        Samsung Z
 
 
Spain declined 10%
 
The UK declined 10%
 
The USA declined 19%
 
Canada declined. 17%
 
China declined 5%
 
Germany declined, 18%
 
India declined  4%
 
Japan  declined  7%
 
Braxil declined 22%
 
Mexico declined 12%.
 
Russia declined 9%.
 
Consumers appear to be unwilling to upgrade in the face of economic uncertainties.