Samsung smartphones dominate global market, but margin narrows

From CNET: Samsung had a somewhat rough 2014, as its global smartphone market share slipped almost 5 percent, new data from research firm TrendForce shows.

According to TrendForce, Samsung continued to lead the pack in 2014, owning 28 percent of the smartphone market, but that number was down from 32.5 percent in 2013. Apple, meanwhile, maintained steady year-over-year numbers in second place, accounting for 16.4 percent of all smartphone shipments in 2014. The iPhone maker held 16.4 percent of global market share in 2013.

Samsung did not immediately respond to a request for comment.

Lenovo and its newly purchased Motorola took the third spot in 2014 with 7.9 percent smartphone share, followed by LG at 6 percent and China-based Huawei at 5.9 percent, TrendForce says.

TrendForce's data provides key insight into a smartphone business that is growing rapidly. The company's data indicates that the smartphone market grew from 927.2 million global shipments in 2013 to 1.2 billion in 2014. It's getting harder for a company like Samsung, which has been facing trouble, to maintain its lead as competition expands.

View: Article @ Source Site