Samsung takes over the crown of Apple’s smartphone; Xiaomi surges

Samsung Electronics Co Ltd (005930.KS) has reclaimed the crown from Apple (AAPL.O) because the world’s largest producer of smartphones, accounting for a fifth of complete international gross sales within the first quarter, market analysis agency Canalys mentionned.

Chinese language firm Xiaomi Corp (1810.HK) posted its finest quarterly efficiency in historical past, with shipments up 62% to 49 million telephones and a market share of 14%, putting it in third place after Samsung and Apple.

Total, international gross sales jumped 27% to 347 million models within the first quarter, as China’s economic system opened up after the pandemic and a fast vaccine rollout in america sparked hope for an financial restoration.

South Korea’s Samsung shipped 76.5 million smartphones within the quarter to seize 22% of the market, Canalys stated. The corporate on Thursday introduced a 66% improve in quarterly revenue from its cell enterprise, due to strong gross sales of its flagship Galaxy S21 sequence of smartphones. Learn extra

Canalys stated Apple shipped 52.4 million iPhones between January and March, falling to second place with a 15% market share, after profitable over Chinese language patrons within the December quarter with its new iPhone. 12 5G suitable.

Individuals who upgraded the brand new iPhone, nevertheless, have all the time boosted gross sales, and the corporate stated on Wednesday that total gross sales in China had practically doubled. Learn extra

Final yr, folks purchased smartphones and devices whereas they stayed indoors as a result of coronavirus pandemic, fueling a world scarcity of semiconductor chips that has rocked industries, particularly the world. automotive and white items.

“The availability of crucial parts, corresponding to chipsets, has shortly turn into a significant concern and can hamper smartphone shipments within the quarters to return,” Stanton stated.

Apple stated on Wednesday that the chip scarcity may price the corporate $ 3-4 billion within the April-June quarter, largely affecting iPads and Macbooks.

March quarter smartphone shipments for Chinese language manufacturers Oppo and Vivo additionally elevated, Canalys stated.

China’s Huawei, the previous No. 1 who stays chained by US sanctions, took seventh place with 18.6 million models after promoting its Honor model final yr.

Our requirements: Thomson Reuters Belief Ideas.

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