April 27, 2024

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[THE INVESTOR] Global sales of smartphones recorded nearly 408 million units in the fourth quarter of last year, a 5.6 percent decline year-on-year, industry data showed.

According to Gartner, it was the first year-on-year decline since the US research firm began tracking the global smartphone market in 2004. 

Samsung held the No. 1 spot followed by Apple, even though its unit sales slid 3.6 percent to 74 million units.

Apple ranked No. 2 in the same period, with iPhone sales down 5 percent to 73.1 million units, followed by Chinese vendors Huawei, Oppo and Vivo. Huawei and Xiaomi were the only smartphone vendors to achieve year-on-year unit growth, at 7.6 percent and 79 percent, respectively.

Apple’s market share stayed almost flat at 17.9 percent, while Samsung’s remained at about 18.2 percent.

(theinvestor@heraldcorp.com)