Apple offers Indonesia extra US$100m investment to lift iPhone 16 ban

Global smartphone shipments grew by 3% to 330 million units in the last quarter of 2024, marking a fifth consecutive quarter of growth, but analyst house Canalys noted this was a significant slowdown in growth.

The global smartphone market declined by 1% year-on-year in Q2 2025, marking the first quarterly drop in six quarters, according to analyst firm Canalys. The modest fall reflects continued subdued consumer demand across key markets.

According to analyst firm Canalys, the Southeast Asian smartphone market declined in Q1 2025, marking the end of five consecutive quarters of growth due to economic headwinds.