The downturn was due to unfavorable economic conditions and weak seasonal demand, the report’s authors said.

South Korea’s Samsung Electronics finished first in the world in smartphone shipments, with a market share of 24 percent, up from 22 percent a year earlier and 19 percent in the last quarter of last year.

In second place was Apple in the U.S., with market share up 18 per cent from 15 per cent a year earlier, mainly due to strong demand for the iPhone 13. The next three locations are Chinese companies with declining market share.

In third place on the list was Xiaomi with a market share of 13 percent, down from 14 percent in the first quarter of 2021. Fourth, with OPPO’s 10 percent market share after 11 percent in the first quarter of last year. Fifth in vivo, with market share down 8 per cent in the first quarter of this year from 10 per cent a year earlier.

The combined market share of all other smartphone manufacturers in terms of shipments fell to 27 percent in the three months to the end of March from 28 percent a year earlier.