Global smartphone market continues rebound with 26% Q1 bump –
Summary
The overall increase is an impressive one, though it comes after a couple of years of market slow down, followed by a step drop amid the pandemic. 2020 kicked things off with a manufacturing slowdown, as China and greater Asia were the first to be impacted by the effects of Covid-19. In the following months, global demand slowed, as shutdowns were instated and job loss and economic issues massively hampered sales. Samsung’s overall market share grew from 18.4- to 20.3%, courtesy of budget devices, returning to the number one spot. The top five are rounded out by three Chinese manufacturers — Xiaomi, Vivo and Oppo – as Huawei’s struggles continue.
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