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Phone sales down but Samsung and Apple manage to increase market share

In the first quarter of 2022, Samsung accounted for 24% of global smartphone sales, up from 22% a year ago and 19% in the quarter before. Apple came in second with 18%. Just a year ago, Apple’s share of the pie was 15%.

Samsung is said to have increased production of its popular A-Series to better compete in the low- and mid-range segment, while focusing on high-end products such as the Galaxy S22 series. Apple, meanwhile, has pleased with the continued demand for the iPhone 13 family.

Xiaomi and Oppo remained in third and fourth place, respectively, despite the fact that their market shares have fallen over the year to 13% and 10% respectively. Vivo had an 8% market share, down 2% from the same period in 2021. period.

The good news is that the shortage of components could go away faster than expected, which should definitely help reduce phone prices.

Phone sales down but Samsung and Apple manage to increase market share

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