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Smartphone sales slip as top vendors consolidate market share

IDC said that overall sales were lower than a year earlier, the top five smartphone vendors showed positive growth while declines were seen for other manufacturers.

“It’s no secret that the smartphone market is a very challenging segment for companies to maintain or grow share, especially as already low average selling prices declined by another 4.3 percent in 2016,” said IDC analyst Ryan Reith.

“The smaller, more localized vendors will continue to struggle, especially as the leading volume drivers build out their portfolio into new markets and price segments.”

The survey comes ahead of the anticipated release of new handsets from Apple and Samsung as well as other makers for the holiday season.

Apple managed to boost iPhone sales from the same period a year ago despite intense speculation about the 10th anniversary edition of the popular device.

But Apple has lost ground in the Chinese market, with revenues down 10 percent from a year earlier in its “Greater China” segment. (AFP reported)

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