Samsung Leads World Wide Mobile Phone Market, New Comer Xiaomi Breaks Bounds.

Samsung Leads World Wide Mobile Phone Market, New Comer Xiaomi Breaks Bounds.http://snapvoip.blogspot.com/

Xiaomi MI4

Samsung is leading the World wide mobile phone market with having 78.1 million units shipped and Apple following with 39.3 units shipped. The new comer to the charts, Xiaomi beats Lenovo, LG and others to garner position 3 with 17.3 million units shipped.
Even though Samsung leads the market, it lost 8.2% of the market share over the year. Apple had a growth of 16.1 and again the Xiaomi is the leader in this arena with 211.3 growth over the year. Xiaomi growth is attributed to it's focus on China and adjacent markets and the company's flagship phone. MI4, released in August this year. MI4 competes with Samsung S5 and iPhone, specially in China and east Asia.
“Despite rumors of a slowing market, smartphone shipments continue to see record-setting volumes. We’ve finally reached a point where most developed markets are experiencing single-digit growth while emerging markets are still growing at more than 30 percent collectively,” said Ryan Reith, program director with IDC’s Worldwide Quarterly Mobile Phone Tracker.

Top Five Smartphone Vendors, Shipments, Market Share and Year-Over-Year Growth, Q3 2014 Preliminary Data (Units in Millions)

Vendor	2014Q3 Shipment Volumes	2014Q3 Market Share	2013Q3 Shipment Volumes	2013Q3 Market Share	3Q14/3Q13 Change
1. Samsung	78.1	23.8%	85.0	32.5%	-8.2%
2. Apple	39.3	12.0%	33.8	12.9%	16.1%
3. Xiaomi	17.3	5.3%	5.6	2.1%	211.3%
4. Lenovo*	16.9	5.2%	12.3	4.7%	38.0%
4. LG*	16.8	5.1%	12.0	4.6%	39.8%
Others	159.2	48.6%	113.0	43.2%	40.8%
Total	327.6	100.0%	261.7	100.0%	25.2%

Source: IDC Worldwide Quarterly Mobile Phone Tracker, October 29, 2014,
Press release.