Smartphone sales increased for first time in two years this October
The past couple of years haven’t been kind to the smartphone industry. Economic uncertainties and other factors have affected sales globally. Quarterly shipments hit a decade-low in Q3 2023. However, a rebound may be on the cards now. According to market research firm Counterpoint, global smartphone sales grew five percent year-on-year (YoY) in October, the first YoY growth in more than two years.
Smartphone sales returned to growth in October after a two-year decline
Counterpoint’s study reveals that the global…