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Samsung loses top spot as the world's biggest smartphone maker after 12 years

based on two market intelligence reports.  Preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker indicates which translated to . In comparison, Samsung shipped 226.6 million units in 2023 with a market share of 19.4%. IDC claims this is an and . In addition, Apple is the only phone marker in the top three to see growth year-on-year. On the other hand, this is since 2010. Initial estimates by Canalys painted a similar picture; while Samsung took the second position with 17%.  Apple's rise to the top is driven by and . Recent data from Counterpoint Research's Market Pulse Service also corroborated the notion that Apple benefited from . Samsung's focus on the mid-to-high-end segment for profitability and loss of market share in the low-end segment, led to the South Korean company losing its leadership position. Both market intelligence firms concluded their reports with a positive outlook for the smartphone market. IDC says the smartphone space is heading towards "a very interesting time" while Canalys states "the market is heading in the right direction". Source: ,

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