Overview:
Global smartwatch shipments declined by 2% YoY. This decline seemed to be due to a slowdown in the growth of the basic smartwatch market. Besides, the HLOS smartwatch market, represented by the Apple Watch and Samsung Galaxy Watch, also contributed to this trend. Apple’s Q1 2024 shipments tumbled 20% YoY, facing decline in all major markets. Huawei experienced a remarkable 48%YoYincrease in shipments.
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