After two years of a continuous slump in sales, the smartphone industry has finally ticked up a little bit.
According to the research firm, Canalysis, worldwide smartphone sales increased by 1 percent in Q3. Canalysis report reveals that the total smartphone shipments in Q3 2019 hit 352.4 million units, an increase from 348.9 million units recorded a similar period last year.
Samsung still tops the global market currently occupying a 22.4% market share. Canalysis says Samsung shipped a total of 78.9 million smartphones for the quarter ending September followed closely by Huawei, which recorded 66.8 million smartphone shipments.
Samsung in its Q3 earnings report, acknowledged the growth in its smartphone business over strong Galaxy Note 10 sales, followed by the Galaxy A series phones.
Apple is still the third-largest vendor, with 43.5 million smartphone shipments in Q3. Xiaomi and Oppo close the top 5 list of best sellers with 32.5 and 32 million smartphones shipped, respectively.
In general, Huawei has been the fastest-growing company with a 29 percent annual growth. The biggest sellers for Huawei were the pre-Entity models (released before the ban), with the Huawei P30 Lite clinching the number one spot with about three million units sold.
Speaking about the report, Canalysis Senior Analyst Ben Stanton said, “Huawei is not out of the woods yet.”
“… its post-Entity List models, like Mate 30, bring uncertainty because there is resistance from channels in critical overseas markets, like Europe, to support Huawei devices without Google Mobile Services,” he added.
Featured Image/ Ice Universe