WASHINGTON, Nov. 5 (SEE)- The International Data Corporation (IDC) announced on Wednesday that the total sales of smartphones during the third quarter of the year 2018 reached 335.2 million, dropping 6% from the same quarter last year.
According to IDC, there are two main reasons behind the decline in sales. The first being that Samsung, the biggest smartphone provider, saw a 13.4% declined in terms of market share over the third quarter. Furthermore, China, the largest market for smartphone consumption, accounting for one-third of global purchases, experienced a drop for the sixth consecutive quarter.
“The market, however, is expected to return to growth in 2019,” IDC said.
The corporation also announced the ranking of mobile operators, where the South Korean giant topped the volume of mobile sales globally during the third quarter of this year, with 72.2 million phones sold with a market share of 20.3%.
Huawei came second with a total sales of 52 million phones and a market share of 14.6%, while Apple came third with 46.9 million mobiles sold with a market capitalization of 13.2%.
Xiaomi ranked fourth with 34.3 million phones sold and a market share of 9.7%, followed by Obo with a total sales volume of 29.9 million and a market share of 8.4%.
Other mobile companies sold 119.9 million items with a market share of 33.8%.
IDC specializes in market intelligence, advisory services for information technology and telecommunications markets.