Global smartphone sales fall again – could discounts be on the way?

A new report from Canalys has claimed that the global smartphone market has declined for the third consecutive time this year. The analyst firm found sales in Q3 2022 were down 9% from the same period last year as consumers around the world tighten their belts to afford essentials.  The bad news may also be set to continue, with Canalys saying it expects this trend to continue for the next six to nine months.

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