Canalys: Global smartphone shipments in Q1 totaled 270 million units, market still contracting

Global smartphone shipments continued to plummet during the January-March period with 269.8 million units shipped based on the latest report from Canalys. The figure is 13% lower than the same period last year and continues the negative trend seen in past quarters due to a mix of factors including inventory build-up and limited consumer demand. Samsung shipped 60.3 million smartphones in Q1 which translated in a 22% market share. Samsung’s revamped Galaxy S and Galaxy A portfolios led to the bounce back. Apple came in second with 58 million shipments and a 21% share of the market....

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