As per TechInsights, Lenovo-Motorola’s global smartphone shipments declined -33% YoY in Q4 2022. Wholesale revenue declined lesser than shipments (-21% YoY) driven by double digit wholesale ASP growth of +18% YoY. However, the vendor remained profitable this quarter as well. Americas continue to hold the major share for the vendor but Asia Pacific and Western Europe holds a lot of potential.
Regionally the vendor declined in all major regions except Western Europe. The vendor was successfully placed among the top … Read the rest