Global smartphone shipments drop by 9% YoY in Q3 2022

A combination of decreased consumer spending and economic uncertainty led the smartphone market to its worst quarterly result since Q3 2014.

Samsung retained its leading spot with a 22% market share. Apple came in second place with an 18% market share. Xiaomi came in third place with a 14% share followed by Oppo with 10% and Vivo with 9% respectively.

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