The global smartphone industry had a rather poor third quarter according to the latest report from analytical firm Canalys. The firm says that weak demand for handsets resulted in a 9% year-over-year decline in Q3 smartphone shipments. Led by the iPhone 13 and iPhone 14 series, Apple was the only manufacturer to report year-over-year growth during the quarter.
Apple is the only manufacturer in the top five to report growth in shipments during Q3
Despite delivering 8% fewer smartphones during the quarter, Samsung remained on top after delivering 64.1 million connected handsets during the period from July through September. The company’s share of the market remained flat at 22%.