Industryweek 5500 Samsung Galaxy S4

Samsung Posts Record Q3 Smartphone Shipments

Oct. 29, 2013
Samsung's smartphone shipments in the July to September period marked a 55% surge over the same period last year.

SEOUL - Samsung Electronics (IW 1000/14) shipped a record 88.4 million smartphones in the third quarter to take its global market share above 35%, while rival Apple's (IW 500/4) slice thinned, research data showed Tuesday.

Samsung's smartphone shipments in the July to September period marked a 55% surge over the same period last year, the independent research firm Strategy Analytics said.

The South Korean tech company's market share swelled to 35.2% from 32.9% in the third quarter of 2012.

Apple posted a 26% spike in shipments over the same period to 33.8 million units. But that failed to keep pace with the industry's overall 45% growth and the California company's market share dipped from 15.6% to 13.4%.

Strategy Analytics said it expected Apple to make up last ground in the fourth quarter on high demand for its new iPhone 5s model.

Apple reported a third consecutive quarterly decline in earnings on Monday, while Samsung last week posted a 26% increase in third-quarter net profit, bolstered by demand for smartphones and memory chips.

The largest shipment growth in the third quarter was recorded by Huawei Technologies Co., which shipped 12.7 million units -- up 67% from a year ago.

Copyright Agence France-Presse, 2013

Popular Sponsored Recommendations

Electric Vehicles Spark New Opportunities in the Automotive Industry

Dec. 4, 2023
Automakers have increased plans to produce Electric Vehicles to meet customer demand for low emissions. With this radical shift, new opportunities and challenges for the auto ...

Digitally Transforming Data and Processes With Product Lifecycle Management

Oct. 29, 2023
Manufacturers face increasing challenges in product development as they strive to consistently deliver improved results. Discover how industry leaders are improving time-to-market...

7 Crucial Steps to Improve Your OT Security

Oct. 23, 2023
Enhance OT security in manufacturing and production. Uncover the crucial steps to safeguard your operational technology. Protect against evolving threats and bridge the IT-OT ...

Decarbonization Navigator: A Toolkit for Organizations

Sept. 28, 2023
The increasing urgency of addressing climate change along with stakeholder pressures are driving the need for organizations to prioritize decarbonization. Discover how to start...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!