Global smartphone market returns to growth, driven entirely by Samsung and Huawei

Canalys Huawei dominates the domestic smartphone market in Q3 2019

Market share leader Samsung shipped 11% more smartphones than it did in the same quarter from previous year, and finished Q3 2019 with a volume of 78.9 million devices shipped, increasing its global market share from 20.4% in Q3 2018 to 22.4% in Q3 2019. However, promotions and patriotic purchases have driven its smartphone sales in China, helping it more than offset a shipments slump in the global market.

Apple maintained its position as the fifth-biggest seller of smartphones in China, according to Canalys, with its latest iPhone 11 accounting for almost 40% of Apple's third-quarter shipments in the region.

The resurgence was led by market share leaders Samsung and Huawei, who experienced double-digit annual growth rates from Q3 2018. Strategy Analytics said Apple appears to be stabilizing, due to cheaper iPhone 11 pricing and healthier demand across Asia and the US. Samsung's strategies have seemingly paid off, boosting the profitability of its mobile division when compared to the same period from a year ago.

A Huawei offline shop on Sept 28, 2019 in Beijing.

As Huawei consolidated its position in the market, all other vendors lost ground.

US Consumer Confidence Drops in October
The Conference Board's consumer confidence index slipped to 125.9 this month from a September reading of 126.3. The share of those who called jobs "hard to get" also rose - eight-tenths of a point to 11.8 percent.

According to the research, Chinese consumers started switching to Huawei devices due to ongoing criticism of its trade practices by the USA and other regions.

"Huawei is in a powerful place to consolidate its dominance additional amid 5G community rollout", Canalys commented. In Q3 2019, the firm shipped a total of 9 million for a total of 42% market share. Growth was seen not only in China, but also in overseas markets where volume increased sequentially from 21.5 million in Q2 to 25.3 million in Q3, as procurement, which had been paused in Q2, resumed.

As for Apple, its market share fell to 12.3% in Q3 2019 from 13.4% in Q3 2018.

Apple's two largest competitors enjoyed growth in smartphone sales last quarter, with both Samsung and Huawei up. iPhone sales dropped, however. "It has tangible improvements in camera and battery life, and its discount versus the iPhone XR was a welcome surprise to consumers".

The company's quarterly results likely received a boost from the launch and accounted for 40% of its shipments, with customers willing to wait two to three weeks to receive shipments of the newer models, Peng said.

Related News:

Most liked

‘Journey’ to perform at Van Andel Arena next summer
The lineup has shifted over the years, though original singer and founding member Chrissie Hynde has remained throughout. The iconic rock band will come to West Michigan on July 8 for a show at Van Andel Arena.

Tyson Fury wins on WWE debut, defeating Braun Strowman at Crown Jewel
We will have to see whether WWE has Tyson Fury in their future plans for another big match or if this was simply a one-and-done. When I hit him with that piledriving right hand, I can not believe he got back up and slammed me to the floor.

North Korea fires two projectiles, says South
On October 3, Kim's regime announced that it had successfully test-fired a new submarine-launched ballistic missile from the sea. The US and North Korea held working-level nuclear talks a few days later , but those concluded without an agreement.

WWE To Decide 'Greatest Tag Team In The World' At Crown Jewel
The event is nearly here so keep checking back here as the card continues to plump up. The New Day (Kofi Kingston, Big E & Xavier Woods) vs.

AT&T says HBO Max streaming service to launch in May for $15
The corporate, in 2021, intends to suggest an ad-supported model of HBO Max , which additionally will likely be bundled with AT&T TV.

Police fire tear gas at Hong Kong protesters with Halloween masks
It is the first time protesters have targeted the party district in five months of increasingly violent, anti-government unrest. In Thursday's statement , the Hong Kong government pinned the contraction on weak demand - both inside and outside the city.

Nicki Minaj displays $1.1m wedding ring
Nicki Minaj captioned a behind the scene photo, saying, "Behind the scenes w/The JOKER...coming soon - Happy HalloQueen". The case which held both the rings also had an adorable video with the couple's photos playing as soon as you opened it.

Karl-Anthony Towns, Joel Embiid trade punches in epic brawl
Both players were assessed double technical fouls, and Embiid shadowboxed and pumped up the crowd on the way to the locker room. To put it simply, Embiid couldn't be symbolic of what it means to be a Sixer if he played in the Franklin costume.

Josh Hamilton arrested on charges of injury to a child
Josh Hamilton is in trouble due to his daughters. "Since this is an ongoing legal matter, we have no further comment". It didn't hit her, but he then grabbed her by the shoulders and lifted her from the chair on which she Saturday .

Women MPs voice solidarity with Meghan Markle over media coverage
On Oct. 29, Duchess Meghan received a special letter that was signed by 72 women, all of whom are Members of Parliament in the UK.

Iraq protests: Deadly clashes in Karbala
An AP video showed a nighttime fire and young protesters, some of them taking video with their cellphones, as gunfire echoes. Populist Shia cleric Muqtada al-Sadr , who leads parliament's largest bloc, had asked Abdul Mahdi to call an early election.

Baker Mayfield walks out of press conference after exchange with reporter
The Browns (2-5) will look to clinch a morale-boosting victory when they visit the Broncos (2-6) on Sunday. You want me to build my franchise around that?? You don't play, you don't know.

Saban: Tua 'better than expected' after ankle surgery
No one expected it to be pretty when a struggling Arkansas team visited number one Alabama on Saturday, and, well it wasn't. The Razorbacks have failed to cover in four straight games on grass and in five of their last six conference games.

Grenfell disaster was worsened by fire chiefs
Residents were still told to stay where they were until the strategy was eventually ditched at 2.47am. Cotton, who has previously announced plans to retire, made no public comment.

Trump struggling to achieve economic growth White House projected
But moderating job growth, ebbing consumer confidence and stalling wage gains are raising doubts about the consumer's resilience. These declines reflected trade tensions, which have weighed on capital expenditure, as well as cheaper oil.