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Q4 smartphone shipments to be up 10%+ sequentially

December 14, 2023

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Smartphone shipments will grow more than 10% q-o-q and 2% y-o-y reaching over 300 million units, says Digitimes Research.

The sequential increase is driven primarily by Apple’s iPhone shipments.

Demand for smartphones has started recovering in emerging markets, such as Southeast Asia, Latin America, and Africa, in the latter half of the third quarter of 2023.

Global smartphone shipments for the third quarter of 2023 totaled nearly 275 million units, narrowing the annual decline to 0.6%.

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