South Korean Smartphone Market to Remain Sluggish Through 2023

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Sep 25, 2023

Overview:

In Q2 2023, smartphone sales in South Korea decreased 4% YoY to reach 3.6 million units hurt by weak consumer sentiment, stemming from the ongoing macroeconomic uncertainty, and an extended replacement cycle. The mid-range and budget smartphone segments, and the absence of major models like the Galaxy Jump and Galaxy Buddy. Consequently, Samsung’s mid-range (

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Category

Industry

Smartphone

Report Type

Report

Summary

Published

Sep 25, 2023

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Author

Kyunghwan Shin

Kyung Hwan is a Analyst at Counterpoint Technology Market Research. He currently works in smartphone market and TWS devices. He is focusing on smartphone market forecast, especially on price band.

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