Samsung Regains Top Spot in Smartphone Market as Chinese Competitors Rise

Samsung has once again reclaimed its position as the leading smartphone seller, overtaking Apple, as Chinese rivals continue to narrow the gap, according to a report by industry tracker International Data Corporation (IDC).

IDC’s preliminary data reveals that global smartphone shipments grew by nearly 8% in the first quarter of this year, reaching a total of 289.4 million. The growth in the global smartphone market for the third consecutive quarter suggests that the sector is recovering from a previous slump.

Samsung shipped a total of 60.1 million smartphones in the first quarter, securing nearly 21% of the market share. In contrast, Apple shipped 50.1 million iPhones, holding just over 17% of the market during the same period.

Although Samsung experienced a minor slip of less than 1% in shipments, Apple witnessed a 9.6% decline in quarter-over-quarter comparisons. As a result, Samsung managed to regain its status as the top smartphone provider.

Chinese companies, Xiaomi and Transsion, also saw significant growth in smartphone shipments. Xiaomi experienced a 33% increase, delivering 40.8 million smartphones, while Transsion witnessed an 85% surge, shipping 28.5 million units. This enabled both companies to secure the third and fourth positions in the overall smartphone market.

As the recovery progresses, IDC expects established players like Samsung and Apple to maintain their dominance at the high end of the smartphone market. However, Chinese competitors are aggressively seeking to expand their sales and are likely to continue gaining traction in the industry.

Nabila Popal, a research director with IDC’s Worldwide Tracker team, highlighted the shifting power dynamics among the top companies. She emphasized the strong comeback of Xiaomi and the reliable presence of Transsion in the top rankings, especially due to their aggressive growth in international markets.

Overall, the report indicates that Samsung’s resurgence, along with the rise of Chinese smartphone manufacturers, is reshaping the global smartphone market and creating a more competitive landscape for all players involved.

The global smartphone market has shown signs of recovery, with shipments growing by nearly 8% in the first quarter of this year, reaching a total of 289.4 million, according to a report by industry tracker International Data Corporation (IDC). This growth marks the third consecutive quarter of positive growth for the sector, indicating a rebound from a previous slump.

Samsung has once again reclaimed its position as the leading smartphone seller, shipping a total of 60.1 million smartphones in the first quarter and securing nearly 21% of the market share. In contrast, Apple shipped 50.1 million iPhones, holding just over 17% of the market during the same period. Despite a minor slip in shipments, Samsung managed to regain its status as the top smartphone provider, while Apple witnessed a 9.6% decline in quarter-over-quarter comparisons.

Chinese companies, Xiaomi and Transsion, have also seen significant growth in smartphone shipments. Xiaomi experienced a 33% increase, delivering 40.8 million smartphones, while Transsion witnessed an 85% surge, shipping 28.5 million units. This has enabled both companies to secure the third and fourth positions in the overall smartphone market.

Looking ahead, IDC expects established players like Samsung and Apple to maintain their dominance at the high end of the smartphone market. However, Chinese competitors are aggressively seeking to expand their sales and are likely to continue gaining traction in the industry. The report suggests that the shifting power dynamics among the top companies, with the strong comeback of Xiaomi and the reliable presence of Transsion, are reshaping the global smartphone market and creating a more competitive landscape for all players involved.

For more information on the global smartphone market and industry trends, you may visit the IDC website: IDC.

The source of the article is from the blog mendozaextremo.com.ar