"However, emerging markets still offer a sizeable opportunity for Original Equipment Manufacturers (OEMs) to expand and grow as smartphone penetration by users in still around 45%".
The top five smartphone vendors are still doing pretty good, with Xiaomi showing an astounding rise. The efforts have been realized as the performance of Chinese brands in MEA, Europe and the rest of the Asian markets has been strong. "The high level of pessimism about China's smartphone market and its impact beyond China is concerning", says Canalys research manager Rushabh Doshi.
Meanwhile, ZTE's future smartphone prospects could be damaged by a component and services sales ban in the US.
Amid increasing popularity of Xiaomi phones in India, the Chinese smartphone maker has said that three of its top five global sales channels belong to India.
Smartphone penetration fell to 76 percent of all the mobile phones shipped in the quarter. HMD has been using its right to license the Nokia brand since 2017 and has steadily increased shipment volume.
Following IDC and Strategy Analytics, Canalys has also released its Q1 2018 smartphone market report. All other brands combined shipped 112.7 units, a decline of 18.5 per cent. Both the Xiaomi and Samsung smartphones are expected to have sold more than 5 million units in the first quarter.
Chinese Foreign Minister to Visit North Korea
More likely, North Korea will try to buy time and money to advance, perfect, and complete its own nuclear posture review. Kim said he would invite security experts and journalists to the North to observe the closure of the site, Yoon said.
Apple clings on the second spot with a slight increase in growth numbers.
Samsung Galaxy S9 Plus, however, was not far behind. Shipments have declined compared with a year ago and the numbers are some of the lowest since 2013. Some previous reports even claimed that the Cupertino company started cutting back on the iPhone X production because of its poor sales.
At No. 2 in the most-selling smartphones list for the first 3 months of 2018 is Apple iPhone 8.
In India, Xiaomi has been able to garner a 31.3 percent market share making Xiaomi the number one smartphone brand in the country. This is most likely due to Xiaomi taking market share from pretty much every company (more on that in a minute). India is Xiaomi's second-largest market after China and one of the main contributors to its global revenue growth. The company has become the fourth largest smartphone maker globally during first Quarter of 2018. Oppo, on the other hand, has seen a decline of 7.5 percent year-over-year and it now has a market share of 7.1 percent. The iPhone 7 also shipped 5.6 million units.
LG came in seventh with 11.4 million phones sold, down 23 percent. In 2018 the core functionality of smartphones is very impressive indeed and people have fewer incentives to upgrade to a flagship device year after year. Motorola did well but the sales for Lenovo smartphones declines in India and rest of APAC. As per IDC, this handset, along with the Galaxy S9 led the way as to their growth. The demand for handsets in China tanked by 21 percent in Q1 of this year compared to Q1 of 2017.