AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

Global smartphone sales increased modestly in the third quarter, the first growth for the segment after a two-year slump, a market tracker said.

Data from Strategy Analytics late Wednesday showed handset shipments up two percent from a year earlier at 366 million units, the first rise since the third quarter of 2017.

South Korean-based Samsung remained the top vendor and China's Huawei held its number two spot despite US sanctions, ahead of third-place Apple, the research group said.

"Worldwide demand for smartphones is recovering, due to strong pricing competition among vendors and new innovations such as larger screens and 5G connectivity," said Linda Sui, an analyst with the group.

Samsung extended its lead in the market by boosting sales by eight percent in the quarter to 78 million units, representing a 21.3 percent share.

Huawei was the biggest surprise, showing a gain of 29 percent with 66 million units sold, giving it an 18.2 percent market share despite sanctions imposed by Washington that could make it harder to obtain key technology and components.

The Chinese firm, which launched its latest high-end smartphone in September without popular Google apps, picked up gains in its home market, according to Strategy Analytics.

It said Huawei's gains were largely in its home market.

The report said Apple's sales of iPhones fell three percent from a year ago to 45.6 million units, giving it 12.4 percent of the market.

Apple, which released its quarterly update Wednesday, did not disclose iPhone unit sales but said revenue from its iPhones was down nine percent.

The report showed China-based Xiaomi maintaining fourth place with a nine percent market share, followed by another Chinese firm Oppo, at eight percent.

Copyright Agence France-Presse, 2019

Comments

Comments are closed.