SEOUL - Samsung Electronics Co. maintained its lead in the global smartphone market in the second quarter, supported by sales of its competitively priced Galaxy A models, industry data showed on Tuesday, Yonhap News Agency reported.
According to data from market tracker Canalys, Samsung accounted for 19 per cent of the global smartphone market in terms of shipments.
iPhone maker Apple Inc. ranked second with 16 per cent, followed by China’s Xiaomi Corp., which took up 15 per cent.
Samsung was the only smartphone maker that posted an on-year growth of 3 per cent, while Apple declined by 2 per cent and Xiaomi remained unchanged.
The global smartphone market recorded its first decline in six quarters, shrinking by 1 per cent amid a slower-than-expected recovery in consumer demand and economic uncertainties.
However, the impact of the US government's tariff policies, coupled with healthy inventory levels of newly released devices, could impact the supply and demand in the market, Canalys said, leaving room for growth in the second half of the year. - BERNAMA-YONHAP