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Smartphone Market Grows 2.6% Driven by Apple, Samsung

11/2/2025

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Story summary
  • The global smartphone market grew 2.6% YoY in Q3 2025, led by Apple Inc. and Samsung Electronics Co.
  • Apple Inc.'s iPhone 17 lineup and Samsung Electronics Co.'s Galaxy Z Fold 7 and Z Flip 7 boosted demand.
  • Xiaomi Corporation and Transsion Holdings Limited gained traction in developing markets.
  • AI-powered features and foldable designs drove the rise, aided by trade-ins and financing, signaling a positive industry outlook.