Overview: Global HLOS smartwatch shipments rose 1% year over year (YoY) in Q4 2025. Although Apple saw strong demand, shipment declines from Huawei and Samsung limited overall segment growth. Among the top three brands, Apple achieved the highest increase, up 15% YoY. Regionally, North American shipments climbed 10% YoY in Q4 2025, primarily driven by Apple’s performance.