Canalys: Smartphone market sharply declined in Q2

Smartphone sales declined in Q2, Canalys reported. Global shipments fell to 287 million units. Samsung remained in the lead, while Apple got retook the second place from Xiaomi as Chinese companies struggled to respond to dwindling demand.

Samsung and Apple might have recorded slight improvements on a yearly basis but it is the Chinese companies that drag the whole market in the red. China had a number of lockdowns during the quarter, which disrupted its smartphone market and hurt the local brands, which have a strong presence there.

Analysts predict that supply chain shortage…

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