BE2C2 Report — One out of every five persons in the world has a smart phone, it has emerged.
According to a report, Smartphone shipments grew by 2.3% year-on-year basis in 2016, totaling 1.47 billion units worldwide.
The Chinese market contributed a large part of this total figure, with 467 million mobile phones shipped for the year.
Of the top five vendors, Samsung, Apple, Huawei, OPPO, and Vivo, the three Chinese brands together accounted for almost 20% of the global market share.
Huawei ranked third overall, with nearly 10% market share, maintaining steady growth despite a weaker global market.
In total, Huawei shipped 139.3 million units in 2016, up 30.2% on 2015, says a press release.