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Thursday, 3 May 2018

Worldwide smartphone shipments decline 2.9% YoY in Q1 2018, Xiaomi posts 87.8% YoY growth: IDC

Worldwide smartphone shipments have declined 2.9% YoY in Q1 2018. The smartphone vendors shipped a total of 334.3 million units during the first quarter of 2018. This is a sharp decline compared to the 344.4 million units shipped in the first quarter of 2017. According to IDC, a drop of 100 million in the first quarter in China led to the drop in the worldwide shipments. This decline is first since 2013 in the Chin market. According to the survey, despite the presence of flagships from Samsung, Huawei, and the iPhone X, users were unwilling to shell out big bucks on the flagships. As expected, Samsung retained the leader of the global smartphone market with a market share of 23.4% share despite a 2.4% decline from Q1 2017. The Samsung Galaxy S9 and S9+ lead the way as the new flagships, however, brisk initial sales of the new devices kept the overall yearly decline at a minimum as the bulk of the positive impact is expected to arrive in Q2 2018. On the other hand, Apple's first quarter saw a 52.2 million iPhones shipments representing a modest 2.8% year-over-year increase from the 50.8 million units shipped last year. Despite the rumors claiming that iPhone X is underperforming ...