Samsung has been the leading smartphone manufacturer for years now and the company continues to dominate the global markets as the South Korean giant remained at the top spot for the first quarter of this year.
As per the latest report from International Data Corporation (IDC), Samsung remained the leading smartphone manufacturer globally with a 23.4 percent market share and shipments of 73.6 million units in Q1 2022.
The shipments of 23.6 million units for Samsung indicate a decline of 1.2 percent year-on-year as the company had shipped 74.5 million units in the first quarter of 2021.
Apple has grabbed the second position with an 18 percent market share and total shipments of 56.6 million iPhones from January to March this year. Unlike Samsung, Apple grew its shipments by 2.2 percent in the first quarter of this year.
Xiaomi, OPPO, and Vivo come in at third, fourth, and fifth positions respectively. Xiaomi captured a 12.7 percent market with 39.9 million shipments while OPPO shipped 27.4 million units for an 8.7 percent market share. Vivo had a market share of 8.1 percent as the company shipped 25.3 million units.
Similar to Samsung, all three Chinese smartphone makers show a decline in shipments when compared year-on-year with Vivo seeing a massive decline of 27.7 percent, followed by OPPO 26.8 percent drop, and Xiaomi with a 17.8 percent decline.
According to Nabila Popal of IDC, the companies are struggling in the market because of the supply chain issues for core components of making smartphones. She also hints at the reduced consumer demand because of the current economic condition and global inflation.
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