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Samsung overtakes Apple in smartphone shipments as Xiaomi closes in By Reuters 


© Reuters. FILE PHOTO: Apple’s 5G iPhone 12 and iPhone 11 are seen at an Apple Retailer in Shanghai


By Aakriti Bhalla and Subrat Patnaik

(Reuters) – Samsung Electronics (OTC:) Co Ltd reclaimed its crown because the world’s greatest smartphone maker from Apple (NASDAQ:) within the first quarter, cornering a fifth of general international shipments.

China’s Xiaomi (OTC:) Corp rounded out the highest three positions with its finest quarterly efficiency ever as shipments surged 62% to 49 million telephones and its market share rose to 14%, market analysis agency Canalys mentioned.

General, international shipments surged 27% to 347 million models within the first quarter because the Chinese language financial system opened up after the pandemic and a swift vaccine rollout in the US raised hopes of an financial restoration.

South Korea’s Samsung (KS:) shipped 76.5 million smartphones within the quarter to seize a 22% share of the market, Canalys mentioned. The corporate on Thursday reported a 66% surge in quarterly revenue in its mobiles enterprise, due to strong gross sales of its flagship Galaxy S21 smartphone sequence.

Canalys mentioned Apple shipped 52.4 million iPhones within the January-March interval, falling to the second spot with a 15% share of the market.

Apple nonetheless grabbed report market share in the US, China, India and Japan, Counterpoint analyst Varun Mishra mentioned, including that the iPhone Professional Max was a prime vendor in the US.

Smartphone gross sales have surged over the previous 12 months as individuals stayed and labored from dwelling. However the buying frenzy has fuelled a world scarcity in semiconductor chips that has roiled industries together with autos and enormous home equipment.

“Provide of vital elements, similar to chipsets, has rapidly turn into a serious concern, and can hinder smartphone shipments within the coming quarters,” Canalys analyst Ben Stanton mentioned.

Apple mentioned on Wednesday that the chip scarcity may price the corporate $3 billion to $4 billion in income within the April-June quarter, affecting primarily iPads and Macbooks.

March-quarter smartphone shipments for China’s Oppo and Vivo manufacturers additionally surged, Canalys mentioned. However Huawei, the previous No. 1 that continues to be shackled by U.S. sanctions, took solely seventh place after promoting its Honor model final 12 months.

Graphic: Samsung takes again smartphone crown from Apple –

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