TrendForce Reports Decline in Samsung Market Share as Chinese competitors Grow.
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TrendForce Reports Decline in Samsung Market Share as Chinese competitors Grow.

  shahid nazir

Global Research Company TrendForce has recently unveiled new stats for Q3 in global market share of smartphones. According to the reports the total shipment increased over 9.1%.

Samsung is the undisputed market leader but it has lost up to 25% market share. This is because the actual sales figure lags behind the projected. Now the projected has even fallen down to 40 million. And most importantly, the company still needs to ship 10 million units of Galaxy Note5.

TrendForce Reports Decline in Samsung Market Share as Chinese competitors Grow.

TrendForce Reports Decline in Samsung Market Share as Chinese competitors Grow.

The company is also defaulting in the sales of low-end and mid-rangers as quickly as the Chinese companies are overtaking the market. The TrendForce estimates, that there is likelihood of 1 % year-on-year decline. On the other hand, the company estimates that there is going to be enough growth chances for Apple especially after the successful sale and launch of iPhone 6/iPhone 6s family. The company is likely to ship a total of 223.7 million units in 2015.

Chinese smartphone vendors are absorbing more of the market share with 150 million units’ shipment, which makes 16.3% market growth quarter-over-quarter esp. Huawei is doing a great selling in its armor.

“Huawei becomes the first Chinese smartphone brand to reach 100 million units in shipments and cements its position as the third-largest vendor worldwide.” According to TrendForce.

Xiaomi is also making rampant efforts to enter high-end market like Mi Note as well as it is sticking to its mid-range market where handsets like Redmi Note and Mi 4c are breaking records. The company is expected to sell almost up to 100 million units in 2015.

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