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Samsung Regains Top Spot as Apple's iPhone Shipments Fall in Q1 2024
Apple's iPhone shipments decreased by nearly 10% globally in the first quarter of 2024, hit by rapid growth in shipments by rival Chinese...
In contrast, after having last year overtaken Samsung to become the top smartphone manufacturer for the first time, Apple experienced a decline in market share from 20.7% to 17.3%. "While IDC expects these two companies to maintain their hold on the high end of the market, the resurgence of Huawei in China, as well as notable gains from Xiaomi, Transsion, OPPO/OnePlus, and vivo will likely have both OEMs looking for areas to expand and diversify," said Ryan Reith, group vice president at IDC Worldwide Mobility and Consumer Device Trackers. Interest in iPhones has also been impacted by a Beijing-backed ban from the offices of a huge number of state-owned enterprises in power generation, seaport construction, mining, manufacturing, education, and investment markets.
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