China Overtakes US in Smartphone Market

According to recent reports, China has emerged as the world’s largest smartphone market beating the U.S. by volume.

During the third quarter of 2011, about 24 million smartphones were shipped to different providers in China opposed to 23.3 million units shipped in United States, according to Boston-based research and consulting firm, Strategy Analytics. The Chinese smartphone market has grown significantly over the previous quarter with 58% increase. However, US market saw a decline of about 7% in the shipments of smartphones over the second quarter of 2011.

It is important to note here that the research is only dealt with number of smartphones shipped, not sold. United States is still on the top in terms of smartphone revenue.

It has been reported by many smartphone makers that they have seen strong sales in the People Republic of China this year. To elaborate our point, let us consider some facts. In 2009 fiscal year, China accounted for only 2% sales of Apple, while 12% of total Apple sales for the fiscal 2011. This had been confirmed by Apple CEO Tim Cook in the company’s fiscal 2011 earnings call. Here a significant 10% increase associated with increasing demand for iPhone 4.

In spite of Apple progress, Nokia still holds a larger market share with 28.5%, far ahead of Samsung with its 17.6% market shares, reports Strategy Analytics. According to the research firm, the appearance of low-priced Android-powered devices from local makers is a big reason behind this significant uplift in the country.

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