Samsung is still the top smartphone manufacturer, Canalys has confirmed in its Q3 2023 report. The company is not only still the top OEM, but it increased its lead ahead of Apple, compared to the same period last year.
Samsung is still the top smartphone manufacturer in Q3 2023
Just to be clear, Samsung does have less market share overall than in Q3 2022, but it has more than Apple, which is second-placed. Samsung is holding 20% of the market, compared to the 17% that Apple holds. Last year, it was 22% for Samsung, and 18% for Apple.
Xiaomi is third-placed with 14% of the market. That’s the same percentage the company held a year ago. OPPO is fourth with 9%, down from 10% last year. TRANSSION rounds up the top 5 list with 9%, up from 6% last year.
Canalys notes that the global smartphone market is showing signs of recovery. It also said that Samsung delivered 57.2 million smartphones in the third quarter of this year.
Global smartphone shipments fell by 1%
Now, global smartphone shipments fell by 1% in Q3 2023, to 293.4 million. Those are good news, though, as the downturn is slowing down, and signs of recovery are visible, as noted earlier.
Samsung was boosted by its foldables, the Galaxy Z Fold 5 and Galaxy Z Flip 5, in the third quarter of this year. Apple, on the other hand, has seen good sales thanks to its iPhone 15 series of devices.
It will be interesting to see what will happen in the fourth quarter, with holiday sales and everything going on. And, of course, the numbers for the entire year.
Xiaomi retained its position, which was kind of expected, and the same goes for OPPO. TRANSSION is a company you may not be familiar with, but it’s a company behind several smartphone brands, including TECNO, Infinix, and Itel.
2023-10-31 15:05:05