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Smartphone market grows 45% in Q3, Huawei moves to 3rd place
2013-10-29 09:00:00| Telecompaper Headlines
(Telecompaper) Global smartphone shipments grew 45 percent annually to reach a record 251 million units in the third quarter of 2013, according to Strategy Analytics. Samsung took a record 35 percent share of the market, and Huawei moved up to third place. Smartphones accounted for 6 in 10 of all mobile phones shipped worldwide, driven by strong demand for LTE models in developed regions like the US and 3G devices in emerging markets such as China. Samsung's share was up 2.3 percent points from a year earlier as it grew shipments an estimated 55 percent to 88.4 million units. Apple's growth was slower, and its market share fell to 13.4 percent from 15.6 a year ago. Huawei took a 5.1 percent share, as it grew shipments 67 percent annually to 12.7 million units in Q3. LG was in fourth place, with 12.0 million smartphones good for a 4.8 percent market share. LG was also the fastest-growing vendor among the top five brands, with shipments up 71 percent year-on-year. Lenovo came fifth, with 10.8 million smartphones shipped and a 4.3 percent share of the global market.
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Category:Telecommunications