Tuesday, December 24, 2024
Advertisement
  1. You Are At:
  2. News
  3. Technology
  4. Despite a decline in smartphone sales Samsung and Huawei sell the most

Despite a decline in smartphone sales Samsung and Huawei sell the most

Samsung retained the top spot in the first quarter of 2019 global smartphones sales achieving a 19.2 per cent market share, whereas Huawei has achieved the highest year-over-year (YoY) growth.

Written by: India TV Tech Desk New Delhi Published : May 28, 2019 17:02 IST, Updated : May 28, 2019 17:02 IST
Despite a decline in smartphone sales Samsung and Huawei sell the most

Despite a decline in smartphone sales Samsung and Huawei sell the most

In the first quarter (Q1) of 2019 the global sales of smartphones to end users declined 2.7 per cent totalling to 373 million units and despite of not having a presence in the US, Huawei has maintained the number 2 spot and continues to reduce the gap with Samsung.

Also, read: Samsung Galaxy M40 with triple rear camera and infinity O display set to launch in India on 11 June via Amazon

Samsung had retained the top spot in global smartphones sales in the first quarter of 2019, achieving a 19.2 per cent market share, whereas Huawei has achieved the highest year-over-year (YoY) growth among the world's top five, growing 44.5 per cent with its smartphone sales totalling 58.4 million units.

"Demand for premium smartphones remained lower than for basic smartphones, which affected brands such as Samsung and Apple that have significant stakes in high-end smartphones," Anshul Gupta, Senior Research Director at Gartner, said in a statement.

"In addition, demand for utility smartphones declined as the rate of upgrading from feature phones to smartphones has slowed, given that 4G feature phones give users great advantages at a lower cost."

Slowing innovation in flagship smartphones and rising prices continued to extend replacement cycles. 

The two countries that sell the most smartphones -- the US and China -- saw sales decline by 15.8 per cent and 3.2 per cent, respectively, in the first quarter of 2019.

Sales of Huawei smartphones grew in all regions. 

"Huawei did particularly well in two of its biggest regions, Europe and Greater China, where its smartphone sales grew by 69 per cent and 33 per cent, respectively," Gupta noted. 

Huawei's continued dominance in Greater China, where it commanded a 29.5 per cent market share, helped it secure the No.2 global smartphone vendor ranking in the first quarter of 2019.

"Samsung launched its flagship Galaxy S10 smartphone portfolio which received a good response. However, its impact was limited as Samsung only started shipping the S10 at the end of the first quarter," said Gupta. 

"Samsung also strengthened its mid-tier and entry-tier smartphone ranges with a refreshed 'A' series and 'J' series and the newly-introduced 'M' series, but aggressive competition from Chinese manufacturers limited their impact."

Apple showed a decline of 17.6 per cent YoY as the sales of Apple iPhones totalled 44.6 million units in the first quarter of 2019. 

"The price cut for iPhones across markets helped drive up demand but wasn't enough to restore growth in the first quarter. Apple is facing longer replacement cycles as users struggle to see enough value benefits to justify replacing existing iPhones," Gupta noted.

(With IANS inputs)

Also, read: Redmi K20 and Redmi K20 Pro with pop-up selfie camera and triple rear camera officially announced

Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Technology

Advertisement
Advertisement
Advertisement
Advertisement