Apple is squeezed as smartphone market expands
Published on Jul 26, 2013 10:06 PM
WASHINGTON (AFP) - The global smartphone market showed healthy growth in the second quarter, but Apple's iPhone was squeezed by competition from Samsung and other Asian manufacturers, surveys showed on Friday.
Apple's share of the global smartphone market fell to 13.1 per cent in the April-June period, according to research firm IDC. A separate report by Strategy Analytics gave Apple 13.6 per cent, but noted that it was the US firm's lowest share since 2010.
Samsung extended its dominance, capturing nearly one-third of all smartphones sold worldwide, according to the surveys, while South Korea's LG and China's Lenovo and ZTE showed accelerating growth.
Mr Neil Mawston, executive director at Strategy Analytics, said Apple is being squeezed on both the high and low ends of the smartphone market, by manufacturers using the free Google Android operating system.
To continue reading, log in if you are a subscriber
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!