Smartphone Shipments Rise 8% in Q1: Samsung Back on Top
By Rediff Money Desk, NEWYORK Apr 15, 2024 19:30
Global smartphone shipments grew by nearly 8% in the first quarter of 2024, driven by Samsung's return to the top spot. IDC reports a total of 289.4 million units shipped.
New York, Apr 15 (AP) Global smartphone shipments rose nearly 8 per cent in the first quarter, according to preliminary data from International Data Corp.
It's the third straight quarter of shipment growth and marks the return of Samsung to No. 1.
There were 289.4 million units shipped in the period, according to IDC's Worldwide Quarterly Mobile Phone Tracker.
Claiming the top spot was Samsung, with 60.1 million units shipped in the quarter, down about 0.7 per cent from last year. Apple came in second, with 50.1 million units shipped, down 9.6 per cent from last year. Apple was at the top spot in the last quarter of 2023.
The third and fourth smartphone makers, Xiaomi and Transsion, saw their market share leap 34 per cent and 85 per cent respectively year over year.
Nabila Popal, research director with IDC's Worldwide Tracker team, said in a statement that average selling prices continue to improve, with consumers buying more expensive devices because they know they're going to hold onto them longer.
It's the third straight quarter of shipment growth and marks the return of Samsung to No. 1.
There were 289.4 million units shipped in the period, according to IDC's Worldwide Quarterly Mobile Phone Tracker.
Claiming the top spot was Samsung, with 60.1 million units shipped in the quarter, down about 0.7 per cent from last year. Apple came in second, with 50.1 million units shipped, down 9.6 per cent from last year. Apple was at the top spot in the last quarter of 2023.
The third and fourth smartphone makers, Xiaomi and Transsion, saw their market share leap 34 per cent and 85 per cent respectively year over year.
Nabila Popal, research director with IDC's Worldwide Tracker team, said in a statement that average selling prices continue to improve, with consumers buying more expensive devices because they know they're going to hold onto them longer.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.66 (+ 4.76)
- 32896927
- Vodafone Idea L
- 8.45 (+ 4.06)
- 28557277
- Standard Capital
- 1.14 (+ 0.88)
- 17361276
- Alstone Textiles
- 0.83 (+ 5.06)
- 14796552
- AvanceTechnologies
- 0.89 (+ 4.71)
- 10049569
MORE NEWS
Hero MotoCorp Sales Surge 18% in October
Hero MotoCorp's sales rose by 18% in October, reaching 6.8 lakh units. Strong demand...
Gold, Silver Jewelry Export Norms Revised:...
The Indian government has revised norms for gold, silver, and platinum jewelry exports,...
Sensex, Nifty Rise in Muhurat Session: Samvat...
Indian benchmark indices Sensex and Nifty surged in the Muhurat trading session on...