Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks

Chinese smartphone market, Xiaomi is growing at a rapid pace as the company has shipped a total of 28 million smartphones globally, registering a growth of 87.8% YoY. According to the preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone vendors shipped a total of 334.3 million units during the first quarter of 2018 (Q1 2018), resulting in a 2.9% decline when compared to the 344.4 million units shipped in the first quarter of 2017. Notably, the dip in shipments was because of the Chinese market as manufacturers shipped less than 100 million smartphones in the quarter, which hasn’t happened since Q3 2013. Samsung remained the market leader, followed by Apple, Huawei and Xiaomi. Oppo slipped to fifth owning to the competition it’s facing outside the Chinese market.

Samsung’s overall shipments in Q1 2018 stood at 78.2 million which is down from the 80.1 million smartphones it shipped in the first quarter of 2017. Even though facing a dip in the shipments, Samsung grabbed a market share of 23.4%, experiencing a 2.4% decline from Q1 2017. The new Galaxy S9 and the Galaxy S9+ led the way as the new flagships launched a quarter early for the Korean giant compared to last year’s S8/S8+.
Apple, yesterday said that it shipped 52.2 million iPhones during the quarter, which resulted in a modest 2.8% YoY increase from the 50.8 million units shipped last year. Despite rumours of an underperforming iPhone X in the quarter, Apple stated that the iPhone X was the most popular model each week in the March quarter.