Based on the results of the third quarter
According to Canalys analysts, the global smartphone market in the third quarter of 2023 dropped by 1%, to 293.4 million devices.
It’s pretty boring if you don’t know the details. For example, fifth place in the list of leaders was taken by Transsion, which is known for its Tecno and Infinix brands.
Tecno and Infinix brands increased smartphone sales by 40%
Moreover, while the market leader Samsung showed a 10% decline in sales, and even Apple’s sales fell by 6%, Transsion increased shipments by an impressive 40%, to 26 million smartphones. In addition, only 400,000 devices separate it from Oppo, which is in fourth place.
Besides Transsion, only Xiaomi was able to show sales growth in annual terms, but only by 2%.