Samsung’s smartphone sales recorded a double-digit growth in Q3 2017

pple returned to growth in China and also saw strong sales in many of the emerging markets, including India.

By Priyanka

    According to the new report by research firm Gartner, Samsung's smartphone sales recorded a double-digit increase (19.3 percent) in the third quarter of 2017.

    Samsung’s smartphone sales recorded a double-digit growth in Q3 2017

     

    Meanwhile, Global sales of smartphones to end users totaled 383 million units in the third quarter of 2017, a 3 percent increase over the same period in 2016 and all of the top five smartphone vendors achieved double-digit growth apart from Apple, which achieved a 5.7 percent increase.

    Despite market weakness in China, sales of smartphones rose in the third quarter of 2017,"said Anshul Gupta, research director at Gartner. "Emerging Asia/Pacific (15 percent increase) and North America (11.2 percent increase) drove the smartphone growth in the quarter."

    "In emerging Asia Pacific, both Samsung and Huawei saw healthy demand as along with Xiaomi and Vivo, which were able to grow their footprint outside their home markets," added Gupta.

    "In North America, Samsung was the driving force in the quarter due to its new flagship products."

    Samsung's smartphone sales recorded a double-digit increase (19.3 percent) in the third quarter of 2017. "Renewed pushes of the newly designed Galaxy S8, S8+ and Note 8 smartphones have brought back growing demand for Samsung smartphones, which helped it compete against Chinese manufacturers and deliver a solid performance in the quarter," said Gupta. ""The last time Samsung achieved a double-digit growth was in the fourth quarter of 2015."

    The report said that Apple's sales grew 5.7 percent year over year. Apple returned to growth in China and also saw strong sales in many of the emerging markets, including India. This is due to the continued sales of legacy iPhones, including the iPhone 5S which retails at around $240 street price in most markets.

    Chinese smartphone maker Xiaomi achieved the strongest growth, exhibiting an 80 percent increase in the third quarter of 2017. Xiaomi's growth came more from international markets than from China, where it faces strong competition from Huawei, Oppo, and Vivo. India continues to be the biggest and highest-growth market for Xiaomi outside China, but growing sales from Latin America and Russia are also boosting its sales.

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