Smartphone market hits 300 mln in quarter for first time

Wednesday 5 November 2014 | 08:49 CET | News
Worldwide smartphone shipments grew 23 percent year-on-year to reach 300 million units in a quarter for the first time in Q3 2014, according to the latest report from Canalys. Apple and Samsung accounted for a combined 38 percent of global shipments, some ten percent lower than the 48 percent share they boasted a year ago. The trend is likely to continue, said the report, due to the increasing competition of local vendors, above all Chinese companies. In fact, six of the top ten global vendors in Q3 are based in China, notably Xiaomi, which has become the third-largest smartphone maker behind

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Categories: Mobile & Wireless
Companies: Apple / Huawei China / Lenovo / Micromax / Samsung / Xiaomi
Countries: World
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