Samsung’s share in global smartphone market plunges in 2nd quarter

By Park Sae-jin Posted : July 30, 2014, 16:13 Updated : July 30, 2014, 16:13

 

South Korea’s Samsung Electronics took a 25.2 percent share in the global smartphone market in the second quarter, down 7.1 percentage points from 32.3 percent tallied in the same period last year, Messachusetts-based market researcher IDC reported Tuesday (local time).

No. 2 vendor Apple Inc.‘s share also decreased from 13.0 percent to 11.9 percent over the cited period.

Samsung sold 74.3 million smartphones in the April-June period, down 3.9 percent from a year earlier, while sales of Apple’s smartphones rose 12.4 percent on-year to 35.1 million units, the report said.

Chinese firms such as Huawei and Lenovo, on the other hand, gained ground.

Huawei placed third with a global share of 6.9 percent, up 2.6 percentage points from a year earlier. It posted year-over-year sales growth of 95.1 percent. Lenovo had a 5.4 percent share, up 0.7 percentage point, recording sales growth of 38.7 percent.

LG Electronics of South Korea came in fifth with a 4.9 percent share, compared with 5.0 percent a year earlier.

Sales of smartphones worldwide reached 295.3 million units in the second quarter, up 23.1 percent from the same period last year, the IDC report said.
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