Home Business 340m smartphones sold globally in 2021 Q1, a 24% rise from 2020

340m smartphones sold globally in 2021 Q1, a 24% rise from 2020

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Samsung smartphones retained its top spot as highest selller in 2021 Q1 while globally, 340 millioj units of smartphones were shipped in the first quarter of 2021, a 24 percent growth from last year.

The top five brands all retained their same position in relation to each other. While Samsung shipped 77 million units as the number one, Apple came next with 57 million iPhones moved. Xiaomi, Oppo and Vivo rounded out the top five with shipments of 49 million units, 38 million units and 37 million units, respectively, during the period in review.

Strategy Analytics (SA),  a global research firm has come out with data showing that global smartphone industry rebounded from last year downturn in a very big way.

According to its latest statistics, 340 million smartphone units were shipped worldwide in Q1 2021.

That’s a healthy increase of 24 percent year over year and represents the highest growth since 2015.

While the global pandemic didn’t really kick in until March of last year, it had been rampant in China since the start of the year, if not before, and massive manufacturers such as Foxconn had suspended production. These latest numbers indicate a return to normal for the smartphone market at least.

Speaking of China, the region saw smartphone shipments shoot up 35 percent compared to the same period a year ago, totaling 94 million units in Q1.

“The China smartphone market had a sensational quarter driven by 5G product success across multiple price tiers,” said SA’s Linda Sui. 

“China smartphone shipments were up +35% YoY reaching 94 million units in Q1 2021.”

Globally, the top five vendors combined took a 76% market share in Q1 2021, up from 71% one year ago. Chip shortages and supply side constraints did not have a significant impact in Q1 among the top 5 brands but was and will be a concern for smaller vendors over the next few quarters.

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