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Samsung Remains The Top Smartphone Maker in Q3

Samsung Remains The Top Smartphone Maker in Q3

Smartphones Nov 23,2018 0

Samsung Electronics maintained its top global smartphone maker title by taking 19 percent of the market share in the third quarter of 2018, data showed Friday.

The South Korean tech giant shipped 72.3 million units of smartphones over the July-September period, according to the data by industry tracker Counterpoint Research. This is down from 83.3 million units posted in the same period last year, when Samsung took up 21 percent of the market. Samsung recorded its highest ever shipment in India, even though its shipments declined for the fourth consecutive quarter.

During the same period, HMD grew fastest at 73% YoY.

Huawei Technologies Co., on the other hand, increased its market presence to 14 percent in the three-month period, compared with 10 percent posted last year, the latest findings showed. The Chinese firm shipped 52 million units in the third quarter. It holds on to the 2nd position for the second consecutive quarter. The company grew 33% annually.

Apple Inc. accounted for 12 percent of the global market over the cited period, the data added. While Apple iPhone shipments remained flat annually, revenues for the devices grew 29% with a record average selling price of $793.

Two more Chinese brands were included in the top-five list in terms of global market share, with both Xiaomi and OPPO accounting for 9 percent, respectively.

Tags: smartphonesSAMSUNGAppleHuaweiXiaomi
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