
The European smartphone market declined 12% in the first quarter of 2022, registering one of the lowest shipments in nearly a decade.
What Happened: A report from Counterpoint Research showed that electronic giant Samsung Electronics Co's (OTC:SSNLF) shipments fell by 16%, and Apple Inc's (NASDAQ:AAPL) declined 6% in the European region. Realme was the only top-five vendor that registered an annual shipment growth during the first quarter, Reuters reported.