Global smartphone shipments fell 11% in Q1 – Canalys

Global smartphone shipments dropped by 11% in Q1 2022 amid ‘unfavourable economic conditions and sluggish seasonal demand’, according to analyst firm Canalys.
The Canalys report reckons the market was held back by an ‘unsettled business environment’ in Q1 – namely spikes in covid cases due to the Omicron variant, vendor uncertainty due to the Russia-Ukraine war, China’s resurgent lockdown policy and the implications of inflation around the world.
On the upside