global smartphone market contracts in q2 samsung gains as apple loses ground

The smartphone market saw shipments decline for the 7th quarter in a row, latest report from IHS Markit claims. Global shipments in Q2 were down to 331.2 million, a decline of 3.6% compared to the same period last year.

The Huawei ban went into effect in the middle of the quarter, so the full impact of it is yet to be seen. So far the company seems to be weathering the storm well – it shipped 58.7 million units, essentially even with the numbers from last year. It made up the decline in foreign sales with stronger performance in the domestic market.

Samsung was the biggest smartphone…

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Link: https://www.gsmdb.com/gsmarena/global_smartphone_market_contracts_in_q2_samsung_gains_as_apple_loses_ground-news-38563.php