_samsung-regains-dominance-in-global-smartphone-market-with-strong-q1-performance.jpg "Samsung Regains Dominance in Global Smartphone Market with Strong Q1 Performance from higher ground recovery richmond Video Screenshot Preview")
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⏲ Duration: 0:47
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✓ Published: 16-Apr-2024
👁 View: 500K times
✓ Published: 16-Apr-2024
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Global smartphone shipments grew 7.8% year-over-year to 289.4 million units in Q1 2024 according to preliminary IDC data. Samsung retook the top position with 20.8% market share, shipping 60.1 million smartphones in Q1 compared to Apple's 50.1 million units and 17.3% share. Xiaomi saw strong growth of 33.8% to ship 40.8 million units and become the third largest vendor globally. The recovery strengthens smartphone fundamentals like higher average selling prices as consumers keep devices longer.
Global smartphone shipments grew 7.8% year-over-year to 289.4 million units in Q1 2024 according to preliminary IDC data. Samsung retook the top position with 20.8% market share, shipping 60.1 million smartphones in Q1 compared to Apple's 50.1 million units and 17.3% share. Xiaomi saw strong growth of 33.8% to ship 40.8 million units and become the third largest vendor globally. The recovery strengthens smartphone fundamentals like higher average selling prices as consumers keep devices longer.
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