Samsung Electronics’ smartphone shipments to rise 4% in 2023 | Manufacturing Asia
, South Korea

Samsung Electronics’ smartphone shipments to rise 4% in 2023

This as the market launches new models in emerging markets.

Smartphone shipments of Samsung Electronics are likely to grow 4% year-on-year in the fiscal year of 2023 due to new models, CGS-CIMB, said in its brokerage report.

CGS-CIMB expects the SEC's smartphone shipments to increase 4% year-on-year, outperforming its expectation for global smartphone shipments to inch up 1% year-on-year. 

This is expected to be driven by market share gains in the low-end (<£300) smartphone segment as Samsung launches models targeting emerging markets, as well as growth in the foldable smartphone market.

Join Manufacturing Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!