Apple loses more ground in smartphone market

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Apple losses ground in the smartphone market while cheaper Chinese and Korean android are leading way ahead in global sales. FMTNews

Apple’s sales are plunging globally as android smartphones have become bestsellers in the market.

South Korean consumer electronics titan Samsung remained in first place with 23% of the market, having shipped 75.1 million smartphones.“Apple continues to face challenges in terms of unit shipments, a trend that is unlikely to be fixed soon,” IHS smartphone research and analysis director Jusy Hong said in an online post.

Huawei, meanwhile, saw smartphone shipments rise despite the overall market contracting and US-China trade tensions, market trackers reported.Huawei – considered the world leader in superfast fifth-generation, or 5G, equipment and the world’s number two smartphone producer – has been blacklisted by US president Donald Trump amid suspicions it provides a backdoor for Chinese intelligence services. The company denies those charges.

The combined global smartphone market share of Chinese firms Huawei, Oppo, Vivo, Xiaomi and Realme reached a new high of 42% in the second quarter, according to Counterpoint. Apple has been striving to wean itself off its reliance on iPhone sales with a focus on services, digital content and related gadgets.

The company delivered strong growth from digital content and services including Apply Pay and Apple Music, along with wearables and accessories like the Apple Watch and Air Pods.

 

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