Asus axes smartphones to double down on AI

Analyst firm Canalys reported that global smartphone shipments grew 5% year-on-year in Q3 2024, marking the fourth consecutive quarter of growth. 

The African smartphone market recorded its eighth consecutive quarter of growth, with shipments rising 6% year-on-year in Q1 2025 to reach 19.4 million units.

Smartphone shipments in Southeast Asia grew 14% year-on-year in Q2 this year reaching 23.9 million units, as the region continues to recover from macroeconomic effects.