World Buys 347 Mn Smartphones In Q1, Samsung Leads In Shipment

As per latest data revealed by research firm IDC, phone makers have shipped a little over 347 million smartphones in first quarter (Q1) of 2017. This also indicates that the market is yet not saturated and there’s enough appetite left for the coming times.

In percentage terms, the global smartphone market grew by 4.3% in Q1, 2017.

“The first quarter smartphone results further prove that the smartphone industry is not dead and that growth still exists,” said Ryan Reith, program vice president with IDC’s Worldwide Quarterly Mobile Device Trackers. “However, we believe the industry will show some rebound in 2017, and the strong first quarter results certainly support this argument,” he added.

The research firm said mostly Chinese phone companies, besides Samsung and Apple, are driving this growth in the global market.

Samsung regained control as the leader in the worldwide smartphone market despite a flat first quarter (0% year-over-year growth). The company shipped 79.2 million smartphones in the  first quarter, which is exactly the same number of phones it had shipped in the same period a year ago, showing a flat growth. The company attributes this performance to various factors including the discounts offered on the Galaxy S7 and S7 edge. The J series phones, IDC said, continued to drive huge volumes for the Korean phone maker. Samsung, however, lost 1% market share duing Q1 of 2017 to command 22.8% compared 23.8% a year ago.

Apple shipped 51.6 million smartphones in Q1 of 2017 compared to 51.2 million in the same period a year back, showing almost a flat growth. IDC said the Cupertino based firm continued to drive volume in Q1 as it was the case in Q4 of 2016, and the company pushed more stock into shelves across the globe to meet the demands. Apple’s refreshed iPhone SE with more storage capacity (32GB and 128GB) and a new product, the REd iPhone, also created some buzz in the market and drove sales for the Tim Cook led firm. Apple commanded a market share of 14.9%

Huawei sustained its dominance in China growing nearly 22% as shipments climbed from 28.1 million units last year, to 34.2 million units in the first quarter of 2017. The Chinese behemoth has a market share of 9.8%.

Fouth in the chart is Oppo that shipped 25.6 million smartphones in the first quarter of this year. It was a change of 30% over a year’s period. Oppo has a global market share of 7.4%.

Next in line is Vivo, a sister concern of Oppo. This company shipped 18.1 million smartphones in Q1 compared 14.6 million a year ago, showing a growth of 24%. This Chinese firm has a market share of 5.2% now.

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