The company shipped 73 million smartphones worldwide

Jul 10, 2022 15:32 GMT  ·  By

While Apple’s iPhone is still selling like hotcakes, Samsung was the number one phone maker in the first quarter of the year, with no more, no less than 73 million sold devices, according to an analysis from BanklessTimes.

This puts Samsung ahead of Apple by approximately 17 million units, while also securing a market share of 23.4 percent for the South Korean company.

Apple, on the other hand, remained in the runner-up spot with 18 percent, while Xiaomi was third in the charts with 12.7 percent.

“Chinese manufacturer Xiaomi came in third After Apple. The outfit with Beijing headquarters shipped 39.9M phones in Q1 2022, accounting for nearly 13% of all the global smartphone consignment of that period. That said, the figure represented a roughly 18% dip in Xiaomi’s market share based on YOY terms,” the analysis reads.

Phone sales going down

“Fellow Chinese manufacturers Oppo and Vivo complete the top five smartphone suppliers by volume. Oppo’s market share was 8.7% after shipping 27.4M phones, a 27% decline YOY terms. Vivo produced 25.3M devices making up 8.1% of the global market, plunging 28% YOY. Other manufacturers shared 29.1% of the market from their 91.4M shipments.”

The more concerning bit is that overall, the phone sales are going down, which kind of makes sense after the boom recorded in the last couple of years. Based on IDC data, the global phone sales market went down no less than 8.9 percent in the first quarter of the year.

“Samsung is renowned for creating attractive and innovative products that meet consumer needs,” says BanklessTimes CEO Jonathan Merry. “It has established a leadership position in the smartphone market due to its long-term strategy focusing on low and mid-tier models. In addition, its focus on end-user experience allows it to deliver a wide range of differentiated products generating significant volumes.”