Posted 10/18/2023, 7:55:00 AM
Samsung Leads Smartphone Market Recovery in Q3 2023, But Rising Costs Could Bring Challenges
- Smartphone market is recovering, good sign for top ranked Samsung
- Samsung shipped 60 million units in Q3 2023, capturing 20% market share
- Apple ranked 2nd with 17% market share, expected to do well with iPhone 15 launch
- Xiaomi maintains 14% market share, but saw lower shipments vs last year
- Transsion overtook Vivo for 5th place with 9% market share
- Increasing component costs could bring supply chain issues and higher prices
