Canalys: Smartphone market declines 12% in Q1

Canalys posted its preliminary report on global smartphone market during the first quarter of the year. According to the rough data, shipments in Q1 2023 declined 12% yearly, falling down for a fifth consecutive quarter. Samsung took back the top spot from Apple due to decreased interest in the iPhone 14 Pro series, while Xiaomi lost a lot of sales, but managed to stay in third. According to analyst Sanyam Chaurasia, the decline was within expectations throughout the industry. Yes, macroeconomic conditions improved a little, and companies did invest more in promotions and other...

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