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October global smartphone sales break two-year losing streak

News Snapshot:

October smartphone sales recorded the first year-over-year growth since mid-2021 as a recovery is gradually evolving, according to Counterpoint Research. October was the biggest month for sales since January 2022 as emerging markets lead the recovery, the research firm said. In addition, Counterpoint said growth continued to strengthen in the fourth quarter as the market recovers. Global monthly smartphone sell-through volumes grew 5% in October from a year earlier, according to preliminary numbers from Counterpoint Research’s Smartphone 360 Monthly Tracker. The Middle East and Asia showed the highest growth, followed by China and India. Smartphone sales have been pressured over…

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