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HMD (Nokia) handset shipments continue to slide down, but the decline in volumes was offset by a huge ASP growth and a solid profit in Q3 2022. The positive financials are a result of the greater smartphone mix in the company’s overall handset volumes.
On a regional basis, HMD (Nokia) grew smartphone shipments in three of the six global regions – North America, Western Europe and Central & Latin America. In Western Europe, HMD overtook OPPO to become … Read the rest
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
According to Strategy Analytics (TechInsights)’s Wireless Smartphone Strategies (WSS) service research report, both global smartphone shipments (sell-in) and sales (sell-through) increased MoM. However, the numbers are still below the level of 2021, implying negative yearly growth.
Industry total inventory is weak due to the inflation and currency exchange rate turbulence, COVID caused manufacturing disruption in China, ongoing geopolitical tensions, as well as weaking demand in multiple markets have contributed to the weak performance.
In terms of brands, Samsung… Read the rest
Honor hosted a two-day conference on November 22nd and November 23rd, 2022, in Shenzhen China, introducing its new MagicOS 7.0, as well as its new Honor 80 series and new foldable device Magic Vs to the market. We attended the events on site.
MagicOS 7.0 is based on Android 13. The OS skin will be available on Honor-branded smartphones in the future. It aims to replace the current device-based experience with the user-centric experience which across devices … Read the rest
We forecast global smartphone sales will decline -5% YoY by volume in 2023 under the neutral scenario. Consumer’s demand on new smartphone devices has been further weakened amid the ongoing Ukraine-Russia war, the rolling covid cases in China, and the cloudy global economy outlook.
Compared to the June 2022 version, we bumped up our smartphone sales forecast number on Huawei’s Harmony OS in 2023. The Chinese vendor managed to stabilize its global performance with its 4G product portfolios and its … Read the rest
According to Strategy Analytics (TechInsights)’s Wireless Smartphone Strategies (WSS) service research report, global smartphone sales volume will fall -9% YoY and -5% YoY in 2022 and 2023 respectively under the neutral scenario. We expect both handset and smartphone will continue the downturn track in 2023, due to the evolving situation of Ukraine-Russia war, China’s COVID policy and the manufacture disruption, as well as mixed consumer demands amid global high inflation rate and economic uncertainties. 2023 will … Read the rest