The smartphone market plummeted in the second quarter and Samsung

The smartphone market plummeted in the second quarter, and Samsung is the leader

Canalys released its global smartphone market survey for the second quarter of 2020, which showed that shipments fell by 9% year-on-year due to several factors.

From April to June inclusive, 287.4 million smart mobile devices were shipped worldwide. For comparison: a year earlier the market volume was 315.6 million units. It is noted that the sharpest decline since the second quarter of 2020 was recorded.

Analysts say the current geopolitical situation, high inflation and a drop in consumer confidence in general are having a negative impact on smartphone sales. Apparently, the range of smartphones will continue to decline in the near future.

    Image source: Canalys

Image source: Canalys

South Korean giant Samsung led the way after its second-quarter results with a share of around 21%: the company’s shipments rose 6% year-on-year. Apple ranks second with a return of 17% (up 8%) and Xiaomi closes the top 3 with 14% (shipments down 25% year-on-year). The top five also included Oppo and Vivo, which hold 10% and 9% of the global industry, respectively. All other providers combined accounted for 29%.

The International Data Corporation (IDC) also speaks of a decline in the smartphone market. According to the company, deliveries fell 8.7% year over year to 286.0 million units.

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