Driven by upgrades and AI, the smartphone market is growing - IDC
Briefly

Driven by upgrades and AI, the smartphone market is growing - IDC
"The global smartphone market grew by 2.6% in the third quarter of the year, equivalent to 322.7 million units, according to preliminary data from IDC. The research firm traces the growth to upgrades to new premium phones and a growing interest in affordable AI-enabled models. Apple and Samsung delivered the strongest results. Apple reported its best July quarter ever thanks in part to the new iPhone 17 series. Meanwhile, Samsung achieved record growth with its latest foldable models, the Galaxy Z Fold 7 and Z Flip 7."
"Meanwhile, Samsung achieved record growth with its latest foldable models, the Galaxy Z Fold 7 and Z Flip 7. Manufacturers like Xiaomi, Transsion, and Vivo also grew strongly. Xiaomi strengthened its position in Europe and Latin America with the successful Redmi Note and Poco series, while Transsion expanded rapidly in Africa thanks to low prices and efficient distribution. Vivo grew in several emerging markets with AI-enhanced cameras and aggressive online promotions."
Global smartphone shipments increased 2.6% year-over-year in the third quarter to 322.7 million units, driven by upgrades to new premium phones and growing interest in affordable AI-enabled models. Apple and Samsung led the growth, with Apple posting its best July quarter aided by the iPhone 17 series and Samsung seeing record gains from its Galaxy Z Fold 7 and Z Flip 7 foldables. Xiaomi, Transsion, and Vivo also expanded: Xiaomi strengthened positions in Europe and Latin America with Redmi Note and Poco lines, Transsion grew rapidly in Africa through low pricing and distribution, and Vivo advanced in emerging markets with AI-enhanced cameras and online promotions.
Read at Computerworld
Unable to calculate read time
[
|
]