Canalys report: the global mobile phone market has declined for five consecutive quarters, with Samsung regaining the first place, Apple accounting for 21% and Xiaomi in third place.

CTOnews.com April 18 news, According to the latest report released by market research firm Canalys, The global smartphone market fell 12% year-on-year in the first quarter of 2023, Has declined for five consecutive quarters.

CTOnews.com learned from the report that Samsung was the only mobile phone manufacturer to achieve quarter-on-quarter growth and struggled back to the first place with a 22% market share.

In the first quarter of 2023, Apple relied mainly on strong demand for the iPhone 14 Pro series, occupying second place with 21% market share. The gap between Apple and Samsung continues to narrow.

Xiaomi benefited from new product launches at the end of the quarter and aggressive inventory adjustments to occupy third place with an 11% market share.

OPPO and vivo strengthened their positions in the Asia-Pacific region and domestic markets, accounting for 10% and 8% of the global market share, respectively.

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The global smartphone market fell 12% in the first quarter of 2023, but there are signs of stabilization