Samsung sells 86 million smartphones in Q4 to set a new record; tops Apple for the quarter and year
Despite a year-over-year gain in iPhone sales, Apple lost market share from last year's 22% because of the inroads made in the market by low-cost Chinese smartphone producers. Huawei sold 16.6 million smartphones in the quarter, giving the company a 5.7% market share, good enough for third place. In fourth place was Lenovo. The latter sold 13.6 million units, giving them a 4.7% market share.
For all of 2013, Samsung was on top with a global market share of 32%, after selling 319.8 million smartphones. Apple finished 2013 with 153.5 million iPhones rung up, giving it a 15.5% market share. For all of 2013, smartphone sales rose 41% to hit a record 990 million units.