Apple and Samsung faces loss while Chinese OEMs rakes up Profits: Q2 2017 Reports

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Market research analyst Canalys has released the Q2 2017 report for global smartphone sales report. According to the report, Samsung and Apple retained the top 2 positions for the most smartphone sales followed by Chinese smartphone manufacturers Huawei, Xiaomi and Oppo occupying the next 3 positions.

Huawei is at the third position and has witnessed a 20 percent growth in their sales when compared to the last year. Reportedly, Huawei shipped over 38 million smartphones in the second quarter of 2017 alone. Oppo and Xiaomi stand close to Huawei at 4th and 5th positions respectively. While Oppo enjoyed a 44 percent increase in sales, Xiaomi faced a 52 percent rise in its smartphone sales.

The Reports also suggest that, despite the increase in the percentage of shipments in the second quarter, Indian and Chinese Markets were down. Although, more than 340 Million smartphones were shipped in Q2 2017 which was 4 percent more than last year. According to the research numbers and sales, Xiaomi was the second most popular smartphone in India, next to Samsung.

Apple and Samsung, despite being in the top 2 positions, shipped lesser number of phones than last year. Apple, especially faced a 4% drop in its market shares and it is reportedly facing poor sales in China. Samsung also faced over 6% loss in market share, but the release of the upcoming Samsung Galaxy Note 8 is expected to compensate the loss.

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