TechInsights: Global smartphone shipments in Q1 2025 increased by 0.5% year-on-year to reach 296.8 million units.

According to the latest research from the TechInsights mobile terminal market team, as reported by the Smart Finance and Economics app, global smartphone shipments in the first quarter of 2025 increased by 0.5% year-on-year to reach 296.8 million units, maintaining a recovery trend for six consecutive quarters. However, the growth rate has fallen to single digits for three consecutive quarters. Global wholesale revenue for smartphones reached $100 billion, unchanged from the previous year. The average selling price (ASP) of smartphones decreased by 0.6% year-on-year to $337.