Saturday, April 19, 2014

TechNow: Global smartphone shipments hit a staggering 267 million units in the first quarter of 2014


In the first quarter of 2014, 266.9 million smartphones were shiped, according to a report from market researcher TrendForce. The quarter, starting from January to March, saw a rise of 1.13% compared to the same period of the previous year. The research firm is predicting the smartphone shipments to increase by 6.7% to reach 284.5 million units globally in the current quarter, which starts at April till June.

Samsung, the claims the first spot with a 30% market share. According to TrendForce, most of the units shipped by Samsung were low to mid-range smartphones in the first quarter.

Chinese smartphone manufacturers like Huawei, Lenovo and Xiaomi have raised their game and have performed better than the analysts have initially predicted. All three firms have experienced growth of more than 20% in the first quarter this year.

Apple has declined in its worldwide market share but has managed to retain the second spot. However, their upcoming iPhones is expected to help the company gain momentum in the second half of 2014.

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