Vivo was the fifth largest smartphone vendor globally in Q3 2022. Its smartphone volumes declined by -21% annually in the quarter. Wholesale Smartphone Revenues too, follow suit, with a decline of -15%. Detailed quarterly analysis is available here from our Wireless Smartphone Strategy (WSS) Service.
Wholesale Average Selling Price (ASP’s) for the vendor grew as its profit margins continued to stagnate. Vivo has its task cut out and what can it do to grow its volumes … Read the rest