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Smartphone growth slows; Samsung remains #1

Smartphone growth slows; Samsung remains #1
Smartphone growth slows; Samsung remains #1
The global smartphone market has slowed significantly. Meanwhile, Xiaomi inches closer to overtaking Lenovo in China.

Market analysts at TrendForce have published their research on the current global smartphone market as of Q2 2015. Compared to the previous quarter, this second quarter saw a small increase in worldwide sales from 298.44 million to 304.09 million smartphones, which corresponds to a growth of roughly 1.9 percent. Chinese smartphones in particular saw a larger uptick of shipments from 108.6 million to 125.5 million, or 15.6 percent.

In its latest 2015 forecast, TrendForce has lowered its year over year expectations for global smartphone growth from 11.6 percent to 8.2 percent. This is compared to the high increase of 26.5 percent the year before. The analysts claim that market saturation may be to blame as well as the increasing difficulty for smartphone manufacturers to meet their respective sales targets.

The top 5 ranking of the largest smartphone brands by worldwide market share as of Q2 2015 include Samsung (26.8 percent), Apple (16.4 percent), Huawei (7.6 percent), Xiaomi (5.9 percent), and LG (5.8 percent). Lenovo previously held a spot in the top 5, but was subsequently knocked off the list and currently sits at number 6. The Chinese manufacturer has lost 3 percent of its smartphone market share in its own home country.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2015 07 > Smartphone growth slows; Samsung remains #1
Ronald Tiefenthäler/ Allen Ngo, 2015-07-21 (Update: 2015-07-21)
Allen Ngo
Allen Ngo - US Editor in Chief
After graduating with a B.S. in environmental hydrodynamics from the University of California, I studied reactor physics to become licensed by the U.S. NRC to operate nuclear reactors. There's a striking level of appreciation you gain for everyday consumer electronics after working with modern nuclear reactivity systems astonishingly powered by computers from the 80s. When I'm not managing day-to-day activities and US review articles on Notebookcheck, you can catch me following the eSports scene and the latest gaming news.