The South Korean tech giant Samsung has been overtaken by the Chinese device maker Huawei in the smartphone market share. For the third quarter of this year, Samsung has dropped to 20 percent global smartphone market share which is a dip from 21.2 percent from last year, according to Strategy Analytics.
According to a new report cited, Strategy Analytics – a company that provides data and analysis and strategic market research services in the US and globally, has stated that Huawei had seen 32 percent increase in its smartphone market compared to last year.
To be precise, Samsung has shipped 72.3 million smartphones globally in Q3 of 2018, which is a drop from the smartphones sold last year for the same quarter, i.e., 83.4 million units.
On the other hand, Huawei has sold 51.8 million units in the third quarter of this year, which is soar from 39.1 million from Q3 of 2017. Thus, retaining as world’s second largest smartphone manufacturer with 14 percent share.
The report also suggests that Huawei is still little known in the North American market which is habitually dominated by Apple and Samsung. As for the Apple is concerned, it had shipped 46.9 million units in the Q3 of 2018 which, translates to growth in market share from 11.9 percent to 13 percent this year.
Earlier this year, Huawei has overtaken Apple becoming the world’s second largest smartphone vendor in Q2 of 2018. As for the top three rankings, Samsung is on top, followed by Huawei and Apple. With 7 percent increase Xiaomi is next followed by Oppo.