Samsung Electronics remains optimistic that its newly launched foldable smartphones will win over young consumers, who have tended to show a stronger preference for Apple's iPhones, according to the head of the Korean firm's mobile device business, Friday.
Canalys’ Q2 2023 smartphone market report reveals that Transsion annual growth soared by a remarkable 22%, earning the company a spot in the top... The post Transsion leaps to top 5 smartphone vendors Q2 2023, Samsung ranks 1st –Canalys appeared first on YugaTech | Philippines Tech News & Reviews.
Samsung and Microsoft have teamed up to create "device attestation," a tool that verifies a device’s health and security. Samsung Galaxy products are the first to offer device attestation in conjunction with added security from Microsoft Intune. Only certain Samsung Galaxy smartphones and tablets can use the technology, and must have “Security by Knox” and Android 10 or later, running Android 9 or later upon release.
US smartphone shipments declined 24% year-on-year in Q2 2023, marking three straight quarters of decline due to low consumer demand amid market uncertainty. Apple fared the best among manufacturers, with only a 6% decrease YoY in shipments. Samsung, Motorola, TCL-Alcatel all experienced significant drops in shipments, with Samsung's dropping 37%. Only Google saw an increase in shipments. Despite the overall drop in shipments, Apple's share of shipments increased, and carriers offered attractive promotions, particularly for the newest iPhone. The foldable market, on the other hand, achieved significant accomplishments during the quarter.
Sales of all smartphones have continued to decline in the US, but for Q2 2023, Apple's iPhone did dramatically better than Android.iPhone 14 and iPhone 14 PlusUS shipments of smartphones were already lower in Q1 2023 compared to the year before, but now Counterpoint Research says Q2 2023 figures are 24% down on the same period in 2022.
Even though the iPhone 15 is just a few months away, Apple continues to maintain solid iPhone sales in a smartphone market that may be starting to pull up from a years-long dive.The smartphone market is slowly recoveringThe worldwide smartphone market experienced a 10% drop in shipments, totaling 258.2 million units in the second quarter, according to the latest research by Canalys. That figure indicates a slowdown in the market's rate of decline, as a previous report from April showed a drop to 269.8 million units.
Samsung has posted a $527m operating profit in Q2 2023, helped by its memory business, though it is lower than the $10.8bn in Q2 2022. The weaker-than-expected results have been attributed to a drop in smartphone shipments. Last quarter, the South Korean company's mobile division did well, thanks to strong sales of the Galaxy S23 series, specifically the Galaxy S23 Ultra model which provided a lift to the smartphone market.
NXP Semiconductors, a key player in the smartphone industry, anticipates a 23% rise in mobile revenue in the third quarter, despite the overall slump in the Chinese smartphone market. This growth is largely attributed to a major customer, believed to be Apple Inc., indicating the resilience of certain brands in the challenging market landscape.
Verizon, a leading telecommunications company, is planning a strategic turnaround amidst a slowdown in smartphone upgrades. The company aims to enhance its service offerings, promote device trade-in programs, leverage its 5G network, and improve its brand image to navigate through this challenging period. This commitment reflects Verizon's resilience and adaptability in the face of changing market dynamics.