The Korea Herald

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Samsung loses global smartphone market share

By Korea Herald

Published : Dec. 16, 2014 - 21:18

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South Korea’s Samsung Electronics Co. lost nearly 8 percentage points of its global smartphone market share in the third quarter from a year earlier, according to industry data Tuesday, contrasting with Chinese rivals.

The world’s No. 1 maker of smartphones shipped 73.21 million smartphones in the July-September period, down 7 million units from last year, the data compiled by market tracker Gartner Inc. showed.

Its world market share fell 7.7 percentage points over the cited period to 24.4 percent.

Major Chinese brands expanded their presence in the global market, with Huawei, Xiaomi and Lenovo taking up 15.5 percent of the market in the third quarter, up 4.1 percentage points on-year.

Xiaomi, which claimed 5.2 percent, saw its shipment of smartphones reach 15.7 million units, growing fourfold from the 3.62 million units posted last year. Huawei and Lenovo took up 5.3 percent and 5 percent, respectively. (Yonhap)