World is finally buying more phones and prices are rising

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World is finally buying more phones and prices are rising
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Someone forgot to tell Apple and Samsung as Chinese brands rebound

The world is collectively buying more factory-fresh smartphones again, with Chinese homegrown brands propelling shipments. Meanwhile, Apple reported a near double-digit slump, and Samsung also saw declines, albeit at a slower rate., showing that total shipments of phones into the channel grew 7.8 percent year-on-year to 289.4 million – this is the third consecutive quarter of expansion.

Samsung leaped to the top of the market again, according to IDC, after its shipments declined more slowly than Apple. Samsung was down 0.7 percent in Q1 to 60.1 million, and Apple plunged 9.6 percent to 50.1 million iPhones. Ryan Reith, IDC group veep for the Worldwide Mobility and Consumer Device Trackers, said:"While IDC expects these two companies to maintain their hold on the high end of the market, the resurgence of Huawei in China, as well as notable gains from Xiaomi, Transsion … and vivo will likely have both OEMs looking for areas to expand and diversify."

Huawei still hasn't managed to barge its way back into the top five, although its Mate P60 has lit up the Chinese market, despite the best efforts of the US government to erect trade barriers for chip exports to the country. Google also pulled Huawei's access to the Android operating system.

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