Institution: Global smartwatch shipments in the second quarter dropped 2% year-on-year.

According to the Counterpoint Research report, global smartwatch shipments decreased by 2% year-on-year, marking the fifth consecutive quarter of decline. The continued slowdown in the Indian market and the decline in Apple smartwatch shipments are the main factors contributing to the decline. In contrast, the Chinese market performed well, with shipments increasing by a significant 37% year-on-year.