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Samsung Electronics sells 89 million smartphones in first-quarter, market share falls: research firm


SEOUL (Reuters) – Samsung Electronics Co Ltds smartphone shipments rose 28 percent to 89 million units in the first quarter, but the worlds top handset maker lost market share to Chinese and other rivals, research firm Strategy Analytics said on Tuesday. Samsungs smartphone market share fell to 31.2 percent from 32.4 percent a year ago, followed by Apple Inc which dropped to 15.3 percent from 17.5 percent, Strategy Analytics said. Chinas Huawei Technologies had 4.7 percent market share, unchanged from the previous year, while Lenovo Group Ltd boosted its share to 4.7 percent from 3. …

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