A new IDC report says smartphone shipments in the last quarter fell for the first time in nine years. The research firm tracking 98.8 million smartphones shipped in Q1 2015 - which is down 4 percent year on year and by 8 percent on the previous quarter. IDC suggested that the excess inventory from the previous quarter was partly to blame. (This is something we heard in India earlier this year.) "China is often seen as an emerging market, but the reality is that the vast majority of phones sold in China are now smartphones, similar to other mature markets like the United States, United Kingdom, Australia and Japan, "said Kitty Fok IDC in a statement. As a result, smartphone makers will have a more difficult challenge of finding new growth, as they will need to convince the owners of existing smartphones to spend money to upgrade their existing phone.
Apple takes top spot
This is much more difficult than converting a buyer for the first time. Nevertheless, the Chinese smartphone market is enormous. The largest in the world. Not surprisingly, given its latest blockbuster quarter in China, Apple took the top spot in the country, according to IDC. The Apple company has set forward with 14.7 percent of the total shipments in China, just ahead Xiaomi (13.7 percent) and Huawei (11.4 percent). Samsung (9.7 percent) and Lenovo / Motorola (8.3 percent) completed the top five. However, IDC warned that "the volatility of the brand consumer preference", rankings will be subject to rapid change and evolution
China, the world’s largest smartphone market, saw shipment volumes fall 4.3 per cent in Q1 to 98.8 million units, the first time in six years that the market has declined year-on-year.