IDC released Top 5 World wide 2018 Q2 Global Smartphone Market Report

On July 31st, the IDC, a leading market research organization, released the 2018 Q2 Global Smartphone Market Report on Tuesday.

According to the report, global shipments in the second quarter of 2018 reached 342 million units, down 1.8% year-on-year. Among them, Huawei surpassed Apple to become the second largest mobile phone manufacturer, and Xiaomi took the lead with a 48.8% year-on-year growth rate.

world smartphone market 2018

According to the report, in the second quarter of 2018, Samsung’s mobile phone shipments reached 71.5 million units, with a market share of 20.9%, still ranking first. However, compared to the same period last year, it fell by 10.4%.

Huawei’s mobile phone shipments in the second quarter were 54.2 million units, with a market share of 15.8%, surpassing Apple’s 41.3 million units and 12.1% market share, ranking second.

Among all mobile phone manufacturers, Xiaomi’s mobile phone growth rate is the fastest. In the second quarter of 2018, Xiaomi’s mobile phone shipments reached 31.9 million units, and its market share reached 9.3%, which was 48.8% higher than the same period of last year, ranking first in the world in terms of growth rate. This growth rate also allowed Xiaomi to press OPPO, ranking fourth.

OPPO ranked fifth. In the second quarter of this year, shipments reached 29.4 million units, with a market share of 8.6%, a year-on-year increase of 5.1%.

World wide top 5 smartphone companies

Report source IDC