Q1 Smartphone Shipments Jumped 24% on 5G Upgrades
Aging devices created healthy Q1 demand for smartphone upgrades, which, combined with a 5G push by Chinese vendors, drove a 24% shipment increase year on year, reported Strategy Analytics Monday. Top-five vendors took 76% share vs. 71% a year ago.…
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Chip shortages and supply side constraints didn’t have an impact in Q1 among the top five brands but will be a concern for smaller vendors over the next few quarters, said analyst Linda Sui. Samsung shipped 77 million phones, up 32% on sales of affordable A series 4G and 5G phones and the flagship S21 series, it said. Apple shipped 57 million units, No. 2 with 17% share. No. 3. Xiaomi shipped 49 million, 15% share.