Top Five Smartphone Vendors See Growth in 3Q17 [Chart]

Top Five Smartphone Vendors See Growth in 3Q17 [Chart]

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Global smartphones sales are up year over year with Gartner reporting 383 million units sold in 3Q17, a 3% increase over 2016.

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 (see Table 1)," 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 Mr. 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 Mr. Gupta. ""The last time Samsung achieved a double-digit growth was in the fourth quarter of 2015."

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.

Check out the charts below for more details...

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Top Five Smartphone Vendors See Growth in 3Q17 [Chart]

Top Five Smartphone Vendors See Growth in 3Q17 [Chart]
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