Samsung ranks first in the world in smartphone shipments in the first quarter, but only Apple is growing, followed by Xiaomi, OPPO, and vivo

The Bankless Times recently published an analysis that gave some smartphone shipment data among major players in the first quarter of this year, including the company’s exploration of different vendors and global market share of shipments.

It is said that Samsung Electronics supplied 73.6 million smartphones in the first quarter of 2022, with a global market share of 23.4%; while the second-placed Apple shipped 56 million units globally, with a market share of 18%.

Judging from the actual data in the report, compared to the same period last year, Apple’s sales increased by 2.2% year-on-year, and Apple is also the only manufacturer to achieve positive growth.

Meanwhile, Xiaomi came in third with a 12.7% market share (39.9 million units shipped), followed by OPPO and vivo with 27.4 million units (8.7%) and 25.3 million (8.1%). The report further states that Xiaomi’s market share fell by 18% year-on-year, while OPPO and vivo also saw a significant drop in market share (year-on-year), down 27% and 28%, respectively.

In addition to the top five, other manufacturers shipped a total of 91.4 million units, accounting for 29.1% of the market share.

Organization: Samsung’s smartphone shipments in the first quarter were the first in the world, but only Apple was growing, followed by Xiaomi, OPPO, and vivo

According to data from International Data Corporation (IDC), global smartphone shipments in the first quarter of 2022 fell by 8.9% year-on-year. This marked the third consecutive quarter of decline in smartphone market shipments and was about 3.5% below IDC’s February forecast.

Nabila Popal, research director at IDC, attributes the decline to current supply constraints on key phone parts. In addition, she said global inflation and economic uncertainty have dampened consumer demand and spending, especially in China. This, coupled with the uncertainty created by the Russia-Ukraine war, has forced OEMs to scale back their 2022 shipment plans.

Ryan Reith said that Samsung and Apple have handled supply chain challenges better than their rivals. This allows them to avoid the troughs experienced by other manufacturers. As such, he believes the drop in demand is only temporary and will pick up once the global economy stabilizes.

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