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IDC: Xiaomi is fourth largest smartphone manufacturer in the world

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Popular market research firm, IDC, has released its report for the fourth quarter of 2018 (4Q18). The report also includes the total shipment sales for the 2018 calendar year. According…
Popular market research firm, IDC, has released its report for the fourth quarter of 2018 (4Q18). The report also includes the total shipment sales for the 2018 calendar year. According to the report, smartphone sales declined globally in 2018. However, manufacturers like Huawei, Xiaomi and OPPO managed to increase their shipments.
For the fourth quarter of the year, Samsung shipped 70.4 million units to grab a market share of 18.7% but when compared to its shipment of 74.5 million and market share of 18.9% in 4Q17, it declined.
Apple comes in close at number two with 68.4 million units shipped and a market share of 18.2%. It also shipped less and lost market share when compared to the same quarter in 2017 (77.3 million units and a 19.6% market share).
Huawei, on the other hand, shipped fewer units than Samsung and Apple but recorded significant growth compared to 4Q17.

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