Over 337 million smartphones shipped worldwide during Q2 2015

The latest report from market research firm IDC shows a shakeup between the world's top smartphone companies. As of Q2 2015, LG is no longer on the list of top 5 largest smartphone manufacturers. Instead, Both Huawei and Xiaomi are now on the list and have even pushed Lenovo to 5th place in terms of worldwide shipments.

The same report claims global shipments have amounted to 337.2 million smartphones during Q2 2015. This is compared to 302.1 million the same quarter last year, which represents an increase of 11.6 percent. However, it's worth noting that Samsung has lost market share during this time frame, though the company remains the world's largest smartphone manufacturer with 73.2 million smartphone shipped.

Apple's excellent financial results are even better this quarter as iPhone shipments have risen from 35.2 million to 47.5 million. Huawei and Xiaomi take third and fourth with 29.9 million and 17.9 million smartphones shipped, respectively. Lenovo is hanging by a thread in 5th place with 16.2 million smartphones shipped and a 4.8 percent market share.

6th place is LG with 15.4 million smartphones shipped and a 4.6 percent market share.

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