Apple recorded a double-digit decline in its Chinese market share growth in Q1 2024. This came despite Chinese smartphone sales growing by 1.5% year-over-year in the quarter, with vivo at the top.
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Apple iPhone is leading the smartphone market by capturing 50% of the total revenue share, as per Counterpoint Research. The growth comes despite a decline in global smartphone shipments.
Samsung is considering releasing an entry-level version of Z Fold 6 to expand its market share in China against competitors. An affordable Z Fold 6 could help Samsung compete better in this segment.
Apple has grabbed the highest revenue share in the smartphone market for Q1 2023. Counterpoint suggests Apple has managed to outperform due to the stickiness of its ecosystem among various factors.
Xiaomi has surpassed mighty Samsung to take the top spot in the global smartphone market. According to Counterpoint Research, Xiaomi has sold close to 800 million smartphones since its inception.
According to the latest report by Counterpoint Research, the global smartphone market declined 4% YoY in the third quarter of 2020 but grew 32% QoQ indicating recovery post COVID-19.
India's smartphone shipments grew 9% YoY to reach over 53 million units. This is the highest-ever shipment in a quarter for the Indian smartphone market. Samsung is now the number one brand in India.
Global smartphone shipments saw a decline of 4% in 2018, marking the first time that worldwide deliveries dropped for a full calendar year. Huawei and Xiaomi, meanwhile, won big in the past year.
