Samsung Smartphone Shipments Return to Growth in Q3 2015

According to the latest research from Strategy Analytics, global smartphone shipments grew 10 percent annually to reach 354 million units in the third quarter of 2015.

Samsung grew its smartphone shipments six percent and finally returned to positive growth for the first time in over a year.

Linda Sui, Director at Strategy Analytics, said:
“Global smartphone shipments grew just 10 percent annually from 323.4 million units in Q3 2014 to 354.2 million in Q3 2015. This quarter was the smartphone industry’s slowest growth rate for six years, since the depths of the global economic recession back in 2009. Smartphone growth is slowing due to increasing penetration maturity in major markets of the US, Europe and China.”

Neil Mawston, Executive Director at Strategy Analytics, added:
“Samsung shipped 83.8 million smartphones worldwide in Q3 2015, growing 6 percent annually from 79.2 million units in Q3 2014. Samsung has finally returned to positive smartphone growth for the first time in six quarters since Q1 2014.

Its smartphone division is back on the road to recovery. Samsung’s smartphone growth is being driven by select price cuts and attractive new models like the Galaxy Note 5, A8 and J5.

Apple shipped 48.0 million smartphones worldwide and captured 14 percent market share in Q3 2015, rising from 12 percent in Q3 2014. Apple’s iPhone 6 and 6 Plus models remained popular worldwide, especially in China and the United States.”

Woody Oh, Director at Strategy Analytics, added:
“Huawei maintained third position with eight percent global smartphone marketshare in Q3 2015, up from five percent a year ago. Huawei is expanding rapidly across Asia, Europe and the United States, putting competitive pressure on key rivals such as Lenovo-Motorola and Xiaomi.”

Linda Sui, Director at Strategy Analytics, added:
“Lenovo-Motorola returned to fourth position with 5 percent global smartphone marketshare in Q3 2015, but its shipment growth rate declined minus 23 percent annually.

Xiaomi tumbled to fifth place with 5 percent share and its shipment growth rate declined minus one percent annually.

Both Lenovo-Motorola and Xiaomi are struggling to make headway in the fast-growing 4G smartphone market and they are being punished by a bullish Huawei and a resurgent Samsung.”

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

Guinea Insurance Completes Recapitalisation, Positions for Market Leadership, Next Phase of Growth

Guinea Insurance Plc has successfully completed its recapitalisation exercise,...

AXA Mansard’s New Digital Tool to Make Vehicle Inspection Fast and Easy

AXA Mansard Insurance, a member of the AXA Group,...

AXA Mansard Health’s WhatApp ChatBot, Karis, to Reduce Waiting Time at Hospital

In an attempt to reduce waiting time and ensure...

AXA Mansard, Lagos DSVA Intensify Campaign Against Domestic, Sexual Violence

AXA Mansard has partnered with the Lagos State Domestic...

Topics

NCC, CBN to Tighten SIM Card Swap Process

The Central Bank of Nigeria (CBN) and the Nigerian...

‘74% of Nigerians Invest in Crypto-currency for Family Upkeep’

Luno, the leading global cryptocurrency company, has revealed in...

MIA Launches XIAOMI Smartphones in Nigeria

MIA Group has announced that it is launching two of Xiaomi’s iconic smartphones in Nigeria, which will be made available on e-commerce website Jumia, its exclusive online partner for the launch. Valued at $45 billion, Xiaomi has now positioned itself among the smartphone giants of this world, becoming the world’s fifth-largest smartphone maker in just five years. It creates high- quality smartphones with remarkable software at amazing prices.

NPA MD: ‘We Are Positioning for Greater Efficiency’

The Managing Director of the Nigerian Ports Authority (NPA)...

Will Islamic Finance Power Growth in Sub-Saharan Africa?

As home to a quarter of the world’s Muslims,...

Digital Corporate Communications, PR, Public Affairs MasterClass for March 14

The West Africa Business School has announced the 2017...

Nigeria’s Private Sector Launches Gender Country Program to Unlock Inclusive Growth

Senior government officials, regulators, development finance institutions and business...

NSE, LSE Hosts 5th Dual Listing Conference in Lagos

The Nigerian Stock Exchange (NSE), in partnership with London...
spot_img

Related Articles

Popular Categories

spot_imgspot_img