May 19, 2020

Gartner reports growth for five of the top 10 cell phone vendors

Smartphones
Samsung
Apple
huawei
Sumit Modi
2 min
Gartner reports growth for five of the top 10 cell phone vendors

<p>Five of the top 10 global cell phone vendors increased sales in the second quarter of 2016, says research and advisory firm <a href="//www.gartner.com">Gartner</a>.</p&gt;

<p>Global sales of smartphones came to 344 million units in Q2 of this year, which is a 4.3 percent increase compared to the same timeframe last year. Five of the world&rsquo;s top 10 phone vendors showed growth: Huawei, Oppo, Xiaomi, BBK Communication Equipment, and Samsung.</p>

<p>Anshul Gupta, Research Director at Gartner, said: &ldquo;Demand for premium smartphones slowed in the second quarter of 2016 as consumers wait for new hardware launches in the second half of the year.</p>

<p>&ldquo;The top five smartphone manufacturers together continued to gain market share in the second half of 2016 &ndash; up from 51.1 percent to 54 percent year on year, led by Oppo, Samsung, and Huawei.&rdquo;</p>

<p>In Q2 of 2016, Samsung had nearly 10 percent more market share than Apple. It saw sales of its Galaxy A and Galaxy J series compete strongly with Chinese manufacturers, and its improved smartphone portfolio has helped it win back shares lost in emerging markets.</p>

<p>Apple is continuing its downward trend, with a decline of 7.7 percent in Q2. Sales have lessened in the US &ndash; its biggest market &ndash; and Western Europe, but even worse in Asia where sales dropped a massive 26 percent. However, in Eurasia, Sub-Saharan Africa, and Eastern Europe, Apple is enjoying growth of around 95 percent year-on-year.&nbsp;</p>

<p>&nbsp;</p>

<p><strong>Follow&nbsp;<a href="http://www.twitter.com/BizReviewUSA&quot; target="_blank">@BizReviewUSA</a>&nbsp;and&nbsp;<a href="http://www.twitter.com/NellWalkerMG&quot; target="_blank">@NellWalkerMG</a></strong></p>

<p><strong>Read the August&nbsp;issue of Business Review USA &amp; Canada&nbsp;<a href="http://www.businesschief.com/magazine/issue?d=August%202016&amp;id=1245…; target="_blank">here</a></strong></p>

Share article