5G honeymoon period is officially over. Fourth consecutive stagnated quarter marks the cooling down of 5G market. TechInsights reports that Global 5G smartphone shipments climbed low single digits YoY in Q2 2023. Growth is stagnated due geopolitical and economic turbulence. Apple leads vendors with just above 25% share followed by Samsung and Xiaomi. Asia Pacific took 60% of the shipments in Q2 2023.
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