Tag: Yulong

China’s top five vendors grab 20% of the world’s smartphone market

CanalysSamsung and Apple grew smartphone shipment by 55 percent and 20 percent respectively to maintain first and second place in Q2, according to Canalys.

However, both lost market share to Chinese vendors as the top 5 China vendors (Lenovo, Yulong, Huawei, ZTE, and Xiaomi) now account for 20 percent of the  market, up from less than 15 percent a year ago.

Altogether, some 238.1 million units were shipped in Q2, an impressive 50 percent year-on-year gain.