Australia’s Smartphone Shipments Continued to Decline at 9.3% YoY in 3Q23, Says IDC

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For more information, contact:

• Yash Gupta  Email: ygupta@idc.com
• Miguel Carreon  Email: mcarreon@idc.com
• Michael De La Cruz  Email: mdelacruz@idc.com

SYDNEY, Australia, 11 December 2023 – According to International Data Corporation ’s (IDC) Worldwide Quarterly Mobile Phone Tracker, Australia’s smartphone market declined by 9.3% year-on-year (YoY) in 3Q23, shipping 1.81 million units, marking its 4^th consecutive quarter of YoY declines. The end-of-financial-year sales provided a slight uplift in July, but consumer demand remained muted due to economic instability.

The average selling price (ASP) increased by 5.1% YoY in 3Q23, reaching US$813. Smartphones priced above US$1000 sustained growth, driven by the recent releases of the Samsung Galaxy Z5 series and Apple iPhone 15 series. New models were launched in the low- to mid-price brands by OPPO and Lenovo in 3Q23 which sold well through the open channels and in the prepaid market. The position of the Top 5 vendors remained relatively unchanged, although HMD and Lenovo switched places again, similar to what happened last quarter.

Yash Gupta, Lead Analyst for Mobile Phone Research at IDC Australia said, "Economic uncertainty is making consumers more cautious with their spending, resulting in restrained demand. Ongoing increases in interest rates, coupled with recent cost-of-living pressures, are expected to further dampen consumer demand in the domestic market."

Note: *The "Company" represents the current parent company (or holding company) for all brands owned and operated as a subsidiary.

*Figures in tables/charts rounded to the first decimal point.

Outlook

End-of-year events, such as Black Friday and Boxing Day sales, are expected to enhance sales for vendors and channels through enticing deals and consumer offers. Nevertheless, consumer demand will stay subdued for the remainder of 2023 and the first half of 2024, given the sluggish economic activities. This will result in a single-digit YoY decline in shipment numbers for 4Q23.

For media inquiries, contact Michael de la Cruz at mdelacruz@idc.com  or Miguel Carreon at mcarreon@idc.com.

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About IDC

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on technology, IT Benchmarking and sourcing, and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world's leading tech media, data and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDCAP and LinkedIn. Subscribe to the IDC Blog for industry news and insights.

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