Q2 '23: Vivo out of Top Five Global Smartphone Vendor Rankings
Vivo’s Global smartphone volumes declined by -14% annually in Q2 2023. It yielded the fifth position to Transsion and was ranked the sixth largest smartphone vendor this quarter. Its financials too took the hit. While 5G and Foldables segment grew, has it been sufficient? What were the other developments for Vivo in the quarter? What more does it need to do? What are its priorities in H2 2023?
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