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According to Stocklytics.com, the global smartphone shipment jumped 20 million units YoY to reach 289.4 million units in Q1 2024. The remarkable growth is due to strong performances in EMEA, the Caribbean, and Latin America.
RELATED: Samsung surpasses Apple in smartphone shipments
Edith Reads, a financial analyst with Stocklytics, commented:
“This remarkable uptick in smartphone shipments not only underscores the industry’s resilience but also signals a renewed vigour in consumer demand for these indispensable devices.
“Consumer preferences and distributor innovations will drive the market to new heights. Besides, emerging markets will provide avenues for vendors to explore.
“Samsung regained the top spot in the global market by dethroning Apple despite losing 0.7% YoY. In the first quarter of 2024, Samsung shipped just over 60 million units, slightly fewer than the 60.5 million units it shipped in the same period in 2023.
The full story and statistics can be found be found here: Global Smartphone Shipments Jump by 20 Million Units Year-over-Year in Q1 2024
