Samsung overtakes Apple in smartphone shipments as Xiaomi closes in

Samsung Electronics Co Ltd (005930.KS) reclaimed its crown because the world’s largest smartphone maker from Apple (AAPL.O) within the first quarter, cornering a fifth of total international shipments.

China’s Xiaomi Corp (1810.HK) rounded out the highest three positions with its finest quarterly efficiency ever as shipments surged 62% to 49 million telephones and its market share rose to 14%, market analysis agency Canalys mentioned.

Total, international shipments surged 27% to 347 million items within the first quarter because the Chinese language economic system opened up after the pandemic and a swift vaccine rollout in america raised hopes of an financial restoration.

South Korea’s Samsung shipped 76.5 million smartphones within the quarter to seize a 22% share of the market, Canalys mentioned. The corporate on Thursday reported a 66% surge in quarterly revenue in its mobiles enterprise, because of sturdy gross sales of its flagship Galaxy S21 smartphone sequence. learn extra

Canalys mentioned Apple shipped 52.4 million iPhones within the January-March interval, falling to the second spot with a 15% share of the market. learn extra

Apple nonetheless grabbed report market share in america, China, India and Japan, Counterpoint analyst Varun Mishra mentioned, including that the iPhone Professional Max was a high vendor in america.

Smartphone gross sales have surged over the previous 12 months as individuals stayed and labored from house. However the buying frenzy has fuelled a world scarcity in semiconductor chips that has roiled industries together with autos and huge home equipment.

“Provide of essential parts, comparable to chipsets, has shortly turn out to be a significant concern, and can hinder smartphone shipments within the coming quarters,” Canalys analyst Ben Stanton mentioned.

Apple mentioned on Wednesday that the chip scarcity might value the corporate $3 billion to $4 billion in income within the April-June quarter, affecting primarily iPads and Macbooks.

March-quarter smartphone shipments for China’s Oppo and Vivo manufacturers additionally surged, Canalys mentioned. However Huawei, the previous No. 1 that is still shackled by U.S. sanctions, took solely seventh place after promoting its Honor model final 12 months. learn extra

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