News & Reviews:   Smartphone sales

Chinese chip manufacturing giant SMIC recently posted its earnings for the first quarter of 2022 which saw a whopping year-on-year increase of 62.6 percent. However, despite the company’s immense growth, SMIC is actually projecting a terrible year for smartphone sales worldwide, claiming that it will drop by some 200 million units.

If you're wondering how smartphone brands are doing these days, the answer is as always - it depends. Some companies have not been doing as well as they'd like, while others have flourished despite the pandemic. Xiaomi is definitely in the second category for Q2 2021.

In these current times, many of us are tightening the proverbial drawstrings on our wallets and avoiding spending. At the least, most people are being more careful with their spending. That's partly why sales of iPhones have dipped in Q1 2021 despite overall industry growth.

2020 was a bad year for many companies, but was it really that bad? Well, numbers can easily give you an idea of how an industry performed. In particular, industry analysis for smartphone sales published yesterday showed an overall decline in 2020.

With our focus on mobile devices, it only makes sense that we'd be interested in how brands are performing. For the smartphone market, a recent report has plenty of info for us to chew over. It included a lot of statistics on the smartphone market, including what were the devices with the highest sales and which brands dominated in the second quarter of 2020.

Have you been buying stuff during the pandemic? Well, you know that yourself but according to Gartner, a leading research and advisory company, they reported that there's a drop of 20.4% of smartphone sales in Q2 2020.

With the global economy doom and gloom that is permeating the world right now, one would expect the consumer electronics market will suffer. No, not really. Smartphone sales are actually up by 3.9% when compared to the same time last year, according to Gartner.