IDC says that Xiaomi is the fourth largest telephone company in the world

The smartphone market is one of the most competitive in recent times, which is why companies constantly seek to improve. The popular market research firm, IDC, made a publication in which several comparisons were made between some of the best companies in this market. In the report, we were able to see the total shipments of the fiscal year 2018. According to the information, sales of smartphones have fallen, however, several companies such as Xiaomi, Huawei and OPPO have increased their shipments.

IDC says that Xiaomi is the fourth largest telephone company in the world

Official data presented in the IDC report

According to official data provided by this firm, Samsung in the fourth quarter of last year sent 70.4 million units to earn a market share of 18.7%, but compared to its shipment of 74.5 million and the market share of 18.9 % in the 4th quarter of 2017, means that it had a minimal decrease. Another company was Apple, which ranked No. 2 on the list with 68.4 million units shipped and a market share of 18.2%. However, they also had a decrease compared to the last quarter of 2017.

Huawei was the one that followed them on the list at number 3, registering a significant growth compared to the 4th quarter of 2017. This manufacturer managed to ship a total of 60.5 million units, representing an increase of 18, 4 million units compared to the previous year. Those who closed this list were OPPO and Xiaomi, who came to have a total of 29.2 million units and 28.6 million units shipped respectively, and, like Huawei, managed to increase their share of shipments in the last quarter of last year.

Xiaomi is the fourth largest telephone company in the world

With these figures it is shown with total clarity as they were the last years for these companies with respect to the rate of shipments. For example, Samsung continued with the total domain of the market having a participation of 20.8%. Apple, despite reaching number two, still has a lot to work if it wants to dethrone Samsung from the top. Huawei could be classified as the biggest winner of 2018, because although it is true that it is in 3rd place, its growth was quite significant and shows that it has a lot to grow in this New Year.

Xiaomi had a great performance in all 2018 compared to the volume of shipments that took place in 2017, and it also obtained an increase in its market share and OPPO also had a good year, achieving growth in the market of 7.6% to 8.1%. According to the IDC, the total shipment of smartphones in 2018 was 1,404 million, a decrease of 4.1% compared to 2017. With this decline, manufacturers are advised to find a way to reach a breakeven point and avoid facing losses in the future.

Source: IDC

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