Published: 2/24/2023 9:16:42 AM

Imint Q4 2022: Turning to a loss amid a historic slump in worldwide smartphone sales - Redeye

Redeye comments on Imint’s Q4 2022 report, which came in weaker than expected, both in terms of sales and profitability. Worldwide smartphone shipments suffered the largest-ever decline in Q4 2022 (a holiday quarter) and were down by around 18% y/y, according to IDC, which tracks shipments. This dented Imint’s financial performance substantially.

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