Samsung, Apple, and Huawei continue to dominate the smartphone market
The latest statistic from TrendForce shows a total shipment of 292 million smartphones during the first quarter of 2016. This represents a drop of 18.6 percent and 1.3 percent when compared to Q4 2015 and Q1 2015, respectively. TrendForce is blaming the decline in smartphone shipments on market saturation in major markets.
Accordingly, Apple and Samsung have apparently been losing momentum during the past year while Chinese brands and manufacturers are picking up. As TrendForce cites in its analyses, the global delivery volume of Chinese smartphones reached some 125 million units for Q1 2016, which is more than the volume of sales from both Samsung and Apple. Chinese companies accounted for nearly 43 percent of the world's shipped smartphones during the same period.
The world's leading smartphone brands continue to be Samsung, Apple, and Huawei in that order in terms of market share. Lenovo, Xiaomi, and LG follow right behind. As for the top six Chinese brands, Huawei, Lenovo, and Xiaomi lead the pack with TCP, Oppo, and BBK bringing up the rear.