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Tuesday, January 28, 2014

Samsung sets new smartphone sales record in Q4, widens lead over Apple: report


Cardboards of Samsung Electronics' Galaxy Note 3 are seen in a showroom at the company's headquarters in Seoul on November 22, 2013. Samsung has sold a record 86 million smartphones in the fourth quarter. Photo/AFP

Cardboards of Samsung Electronics' Galaxy Note 3 are seen in a showroom at the company's headquarters in Seoul on November 22, 2013. Samsung has sold a record 86 million smartphones in the fourth quarter. Photo/AFP 
By Reuters
In Summary
  • Samsung took 29.6 per cent of the global smartphone market in the fourth quarter, ahead of Apple's 17.6 per cent, as strong low-end market growth led by Chinese vendors continued to shake up the smartphone industry, the data showed.

Samsung Electronics sold a record 86 million smartphones in the fourth quarter and widened its lead over Apple even after the US firm reached a new iPhone sales high, data from research firm Strategy Analytics showed.

Samsung took 29.6 per cent of the global smartphone market in the fourth quarter, ahead of Apple's 17.6 per cent, as strong low-end market growth led by Chinese vendors continued to shake up the smartphone industry, the data showed.

Apple sold a record 51 million iPhones in the year-end quarter although its market share slipped from the previous year's 22 per cent, as Huawei Technologies Co Ltd and Lenovo Group Ltd rose to become the world's number three and four respectively.

Huawei sold 16.6 million smartphones and Lenovo sold 13.6 million, each taking 5.7 per cent and 4.7 per cent of the market.

"There is clearly now more competition coming from the second-tier smartphone brands. Huawei, LG Electronics and Lenovo each grew their smartphone shipments around two times faster than the global industry average," Strategy Analytics analyst Linda Sui said.

"Samsung and Apple will need to fight hard to hold off these and other hungry challengers during 2014."

For the entire 2013, global smartphone shipments grew 41 per cent to reach a record 990 million. Samsung sold 319.8 million units to take 32.2 per cent, up from 30.4 per cent in 2012.
Apple sold 153.5 million iPhones with a 15.5 per cent market share.

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