Trending News

Blog Post

Market

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


4/4

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

2/4

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 – https://graphics.reuters.com/GLOBAL-SMARTPHONES/xklpyywrlpg/chart.png

Disclaimer: Fusion Media want to remind you that the information contained on this web site isn’t essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs should not supplied by exchanges however somewhat by market makers, and so costs might not be correct and will differ from the precise market worth, that means costs are indicative and never applicable for buying and selling functions. Subsequently Fusion Media doesn`t bear any accountability for any buying and selling losses you may incur because of utilizing this knowledge.

Fusion Media or anybody concerned with Fusion Media won’t settle for any legal responsibility for loss or harm because of reliance on the knowledge together with knowledge, quotes, charts and purchase/promote alerts contained inside this web site. Please be absolutely knowledgeable relating to the dangers and prices related to buying and selling the monetary markets, it is likely one of the riskiest funding kinds doable.





Supply hyperlink

Related posts

Leave a Reply

Required fields are marked *