Global Smartphone Market's Recovery Journey Slowed Down in August 2024

Explore industry-wide inventory variance as Chinese OEMs build up stock. Samsung leads in shipments and sales, with Apple and Xiaomi following.

According to TechInsights, global smartphone shipments (sell-in) and sales (sell-through) increased by 3% YoY and 2% YoY, respectively, in August 2024. Industry-wide inventory variance was positive this month, linked to inventory build-up by major Chinese OEMs. Samsung maintained the top position in both shipments and sales, with Apple and Xiaomi following in second and third places.

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