New Delhi: Riding on the success of its iPhone 12 sequence, Apple captured 42 per cent market share (by worth) within the international smartphone market that posted a report $113 billion in gross sales for the primary time within the first quarter (January-March) this 12 months, in line with a brand new report.
Samsung regained its prime spot because the world’s largest authentic tools producer or OEM (by quantity) with shipments reaching 76.8 million items in Q1 2021, in line with Counterpoint Research.
Global shipments grew 20 per cent (YoY), reaching 354 million items, led by OPPO, Vivo, Xiaomi and Apple.
“Apple captured a report first-quarter income share pushed by the sturdy efficiency of the iPhone 12 Series and demand spill-over from the earlier quarter attributable to delayed launch. The reputation of its higher-end variant, the Pro Max, in international locations just like the US and Europe additionally boosted Apple’s income development,” stated Senior Analyst, Harmeet Singh Walia.
Strong demand for the iPhone 12 sequence has helped Apple log March quarter report for iPhones at $47.9 billion, rising 66 per cent year-over-year.
The iPhone efficiency was persistently sturdy the world over as Apple grew sturdy double digits in every geographic section and set March quarter data in most markets, in line with the corporate.
“Xiaomi, OPPO and Vivo additionally clocked report shipments and revenues this quarter, helped by capturing Huawei’s share globally and important 5G uptake in China. Flagship sequence resembling Mi 11, Find and X60 drove this uptick, respectively,” Walia stated in an announcement late on Thursday.
Samsung regained the highest spot with the profitable launch of the Galaxy S21 sequence, with pent-up demand throughout Europe, US, Korea and different markets, in line with Senior Analyst Varun Mishra.
Samsung’s push into the mid-end section with its profitable A-Series units was one other main driver.
In the meantime, semiconductor shortages have affected the general provide panorama and elevated the lead occasions of chipset options for main distributors.
“However, we see these distributors seeking to diversify their foundry technique to alleviate chipset shortages within the second half of this 12 months,” stated Tarun Pathak, Research Director at Counterpoint Research.
“These shortages would possibly push particular element costs up by 5-10 per cent and OEMs will look to soak up these price will increase by being artistic with the Bill of Materials (BoM) and in some instances would possibly even go the added prices to the shoppers,” he added.
Xiaomi’s report smartphone shipments of 48.5 million smartphones have been pushed by markets like China, India, Spain, Italy, Russia and Indonesia.
OPPO had a report quarter each when it comes to income and shipments. OPPO shipped 38 million items globally, rising at a staggering 70 per cent (YoY).
vivo’s shipments grew by 64 per cent (YoY) to succeed in its highest ever, 35.5 million items, in Q1 2021 pushed by development in China, the report famous