Samsung has led the worst market drop for smartphones since the COVID-19 outbreak. The smartphone industry is facing its worst market drop since the pandemic started when its shipments fell by 11% due to "unfavorable economic conditions" and slow seasonal demand in the first quarter of 2022, based on Canalys' report.
For Q1 2022 Smartphone statistics, Canalys is first out of the gate. According to their report, Worldwide smartphone shipments fell 11% amid unfavorable economic conditions. Yet Apple and Samsung were able to buck that downward trend.