Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Only Apple sees growth in second-quarter as global smartphone market shrinks 14% - Canalys

FILE PHOTO: A customer tests a smartphone during the launch of the new iPhone XS and XS Max sales at "re:Store" Apple reseller shop in Moscow, Russia September 28, 2018. REUTERS/Tatyana Makeyeva

Apple <AAPL.O> was the only major phone vendor to see growth in the second quarter as the global smartphone market shrank 14% year on year to 285 million units sold, with the coronavirus weighing on demand in major markets, research firm Canalys said.

Apple sold 45.1 million iPhones globally in the period, up 25% year on year, making it the third best seller globally. China's Huawei Technologies [HWT.UL] snatched the title of biggest smartphone seller from Samsung Electronics <005930.KS> , but both saw declines, of 5% and 30%, respectively.

(Reporting by David Kirton; Editing by Muralikumar Anantharaman)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.