Gartner: Smartphone gross sales up 20 %, Xiaomi kicks LG out of the highest 5

Gartner: Smartphone sales up 20 percent, Xiaomi kicks LG out of the top 5

Studies on the meteoric rise of smartphones are starting to sound like damaged data, however there are not any indicators of that progress stopping anytime quickly. Working example: Gartner’s newest stats present that smartphones gross sales jumped 20 % to succeed in 301 million models within the third quarter. And sure, that leap got here on the expense of function telephones gross sales, which fell by 25 %. No surprises there, however the smartphone progress did result in some intriguing motion among the many prime 5 smartphone distributors. Xiaomi joined the distinguished group for the primary time, kicking out LG within the course of. Samsung continues to be king of the hill, however its smartphone gross sales fell one other eight proportion factors within the quarter, leaving it with simply 24.four % of the market.

Whereas all of these numbers might sound yawn-inducing at first, they’re essential to understanding what all of those corporations are as much as. Samsung has been driving excessive on the success of its Galaxy S line for a number of years, however the panorama is clearly altering. Corporations like Huawei and Xiaomi are constructing telephones which are simply as quick (and sometimes extra trendy), all of the whereas being considerably cheaper than what Samsung’s placing out. And now Apple (whose gross sales jumped zero.7 factors final quarter) is competing immediately with Samsung within the phablet realm, one of many Korean big’s few unique cellular improvements. It is no marvel Samsung’s head cellular exec and co-CEO JK Shin took an enormous paycut prior to now few months. Samsung’s being attacked on all sides, and it isn’t clear what the corporate goes to do to struggle again.

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