The Zhitong Finance App learned that TechHInsights indicated that in February 2023, global smartphone shipments (wholesale) and sales (retail) fell 11% and 5% year-on-year respectively. Despite declining numbers, the smartphone market began to improve in January 2023 due to China's reopening and improved economic prospects. The total inventory difference/change in the industry remained negative this month, indicating that major OEMs were still in a state of inventory adjustment this month.

In terms of brands, Samsung has once again taken first place in terms of both shipments and sales.$Apple (AAPL.US)$Retreat to second place,$XIAOMI-W (01810.HK)$, OPPO (including OnePlus), and vivo followed. Other vendors in the top ten include Voice, Honor, Realme, Lenovo-Motorola, and Huawei.