Samsung’s first rank in the supply of smartphones at the same time as the global decline in mobile sales

Samsung has just managed to overtake Apple as the largest smartphone manufacturer once again. However, Global decline in mobile sales It has overshadowed Samsung’s recent success. Apple and Xiaomi are ranked second and third respectively.

The impact of the global decline in mobile sales on the technology giants

Declining demand for smartphones was one of the main problems faced by manufacturers last year, and it seems that this trend continued in the first quarter of this year. According to the preliminary report published by Canalys InstituteSamsung has been able to take the first place in terms of the number of devices sold in this period; The position that was held by Apple in previous reports.

Samsung is in first place with a 22% share of the market, and Apple and Xiaomi are in the next ranks with 21% and 11%, respectively. Also, the amount of demand for smartphones in the first quarter of 2023 compared to the same period last year has seen a 12% decrease. Even reducing the price of some products and offering special sales plans has not been able to stop the global decline in mobile sales and it seems that this trend will continue. It is worth noting that the mentioned procedure has more effects on low-grade products; Because global inflation has created major economic problems for the audience of these devices.

In recent weeks, Samsung had forecast weak profitability due to declining demand for semiconductor products. However, the situation of this company is not so bad thanks to the popularity of the Galaxy S23 Ultra and its relatively decent sales. Experts believe that despite the current problems, Samsung is the only smartphone manufacturer that will be able to register a positive growth compared to the previous quarter. Samsung’s official financial report for the first quarter of 2023 is expected to be published on May 7.