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“The few remaining growth markets are not enough to offset the saturated ones. We are moving from a growth era to a cyclical era. This presents a brand new challenge to the incumbents and we expect several smaller brands to leave the market in the coming years,” Ben Stanton, Analyst at Canalys, said in a statement. Samsung slipped 15 percent as Chinese players Huawei and Xiaomi put pressure on its low-end and mid-range models.
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Cupertino-based Apple shipped over 10 million units and stood second but this still represented a 5.4 percent decline in the first quarter. “As a percentage of models shipped, the iPhone X declined slightly from fourth quarter of 2017 to around 25 percent butpercentined comfortably the best-shipping smartphone in the region,” the market research firm said.
Bucking the trend, Huawei grew 38.6 per cent and shipped 7.4 million units in the first quarter of 2018. It shipped over one million units of its new “P Smart” in its first full quarter. But the delay to its flagship “P20” versus last year’s “P10” meant that very few of its Q1 shipments were premium models. Brands such as Samsung, Huawei and Apple increased collective share of Europe from 61 percent in the first quarter of 2014 to 71.4 percent in the first quarter of 2018.
Brands like Alcatel, Sony and LG, however, suffered substantial declines this quarter.
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