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Generative AI Phones Surge as Second-Hand Market Grows

3/19/2025

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Story summary
  • Global smartphone shipments featuring generative AI are expected to surpass 400 million units by 2025 due to chipset advancements.
  • Apple and Samsung dominate the generative AI market, yet consumer interest in AI features remains low.
  • In Hungary, 51% of consumers buy second-hand smartphones, motivated by price and trust factors.
  • Xiaomi achieved record revenue in Q4 2024, mainly from smartphone sales, while its EV business boosts brand image.
  • The second-hand smartphone market grew by 6% in 2024, with Apple holding a 60% market share driven by affordability.