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Articles Tagged:

smartphone marketshare

34

The smartphone market is absolutely foundering due to coronavirus, unsurprisingly

The smartphone market is absolutely foundering due to coronavirus, unsurprisingly

The coronavirus has led to lockdowns all over the world and left many people with less to no income or in fear of a recession. Combine that with closed factories, and you have a recipe for economic impacts rippling through all industries. The smartphone market is not immune to these effects, either, and worldwide shipments have fallen by 13% year-over-year (YOY) due to coronavirus. Companies moved only 272 million units in Q1 2020, which is the lowest level since 2013.

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14

Samsung and Huawei come out on top as global smartphone market grows for first time in two years

Samsung and Huawei come out on top as global smartphone market grows for first time in two years

Ever since the global smartphone market started to decline back in 2017, it has stubbornly remained stagnant. Surprisingly, the trend has finally reversed itself as the global smartphone market has managed to eke out a 1% growth in Q3 2019, just barely reversing the two-year-long decline. The resurgence was led by market share leaders Samsung and Huawei, who experienced double-digit annual growth rates from Q3 2018. On the other hand, two of the top five smartphone vendors — Apple and Xiaomi — experienced single-digit declines in market share, while the number five Oppo saw some minor growth.

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96

Huawei expects to overtake Samsung and Apple, become world's largest smartphone manufacturer in 2019

Huawei expects to overtake Samsung and Apple, become world's largest smartphone manufacturer in 2019

Huawei is on a success rocket with consumers around (most of) the world. In a few years, the company turned from the cheap smartphone maker we barely looked at to a flagship machine. That strategy has paid off. Once out of the top ranking of smartphone brands, it now sits comfortably in third place, behind Samsung and Apple, growing while their numbers continue to shrink. But Huawei is not content about that bronze medal, it wants gold and it aims to get it soon.

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