Global smartphone shipments declined by 7% QoQ in Q2 2021, according to the latest research from Counterpoint’s Market Monitor service. This was primarily due to ongoing component shortages as well as the implementation or extension of COVID-19 restrictions across Asia and Europe, the report said. Shipments, however, grew by 19% YoY as inoculation rates increased in several major economies preventing the need for lockdowns as stringent as those seen in the same quarter of last year. Xiaomi recorded a QoQ shipment growth of 8% while its shipments grew by 98% YoY. The mix of premium and lower-to-mid segment devices enabled Xiaomi to achieve its …
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