On Thursday, member of market research firm Gartner Inc said that the sale of Smartphone’s in the world’s biggest market for devices, China has fallen for the first time in the second quarter. The sale of the smartphones has descended 4 percent in the second quarter.
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According to Anshul Gupta, research director at Gartner, “China has reached saturation; its phone market is essentially driven by replacement, with fewer first-time buyers.” Only 30 percent sale of Smartphone has been possible in the second quarter. Gartner also added that the sale of Smartphone’s has grown slower since 2013.
Due to the share of Apple Inc’s, the sale of the Smartphone rose from 12.2 percent to 14.6 percent last year. Apple’s big-screen iPhone 6 and 6 Plus, which broke iPhone sales record when they were launched, are about 11 months old. Total iPhone sales in China soared 68 percent to 11.9 million units.
The share of the global Smartphone market of rival Samsung Electronics Co Ltd’s descended from 26.2 percent to 21.9 percent, Gartner added further. Instead of the S6 model, which was released in April, Samsung’s phones continued to be challenged by Apple’s large-screen iPhones.
The fourth-largest Smartphone globally, by Huawei Technologies Co Limited is recorded to have the highest growth rate of 46.3 percent due to 4G Smartphone and strong international sales in China. Apple’s shares were down about 2 percent in early trading on the Nasdaq. If you have some opinion regarding the same, do comment below to share your views.