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Samsung sets new smartphone sales record in Q4, widens lead over Apple: report

January 29, 2014

Daily News Egypt



A model holds Samsung’s first ‘curved’ smartphone Galaxy Round, a 5.7-inch handset with a display that is slightly rounded on both sides, at the Electronics and IT Industry Fair in Goyang, north of Seoul, on October 10, 2013

(AFP/File, Jung Yeon-Je)

Reuters – Samsung Electronics Co Ltd sold a record 86 million smartphones in the fourth quarter and widened its lead over Apple Inc even after the US firm reached a new iPhone sales high, data from research firm Strategy Analytics showed.

Samsung took 29.6% of the global smartphone market in the fourth quarter, ahead of Apple's 17.6%, as strong low-end market growth led by Chinese vendors continued to shake up the smartphone industry, the data showed.

Apple sold a record 51 million iPhones in the year-end quarter although its market share slipped from the previous year's 22%, as Huawei Technologies Co Ltd and Lenovo Group Ltd rose to become the world's No.3 and No.4 respectively.

Huawei sold 16.6 million smartphones and Lenovo sold 13.6 million, each taking 5.7% and 4.7% of the market.

"There is clearly now more competition coming from the second-tier smartphone brands. Huawei, LG Electronics and Lenovo each grew their smartphone shipments around two times faster than the global industry average," Strategy Analytics analyst Linda Sui said.

"Samsung and Apple will need to fight hard to hold off these and other hungry challengers during 2014."

For the entire 2013, global smartphone shipments grew 41% to reach a record 990 million. Samsung sold 319.8 million units to take 32.2%, up from 30.4% in 2012.

Apple sold 153.5 million iPhones with a 15.5% market share.

Related posts:



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   • Apple chief sees computers on wrists, not in glasses

   • BlackBerry, Microsoft cut prices to boost sales


For more stories covering the world of technology, please see HispanicBusiness' Tech Channel



Source: Daily News Egypt


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