Smartphone growth at lowest on concerns about global economy, saturation in China
Smartphone shipment growth was at its lowest ever in the fourth quarter of 2015 on account of the maturity of major markets like China and consumer concerns about the global economy, according to a research firm.
Samsung Electronics held on to its top position, posting its fastest growth in close to two years, and is expected to consolidate its leading position in the smartphone market with its rumored new Galaxy S7 flagship phone, said Strategy Analytics late Wednesday.
Apple's iPhone growth, in contrast is peaking, and the company will have to expand into new markets like India or Nigeria "to reignite iPhone growth" in 2016, the research firm said.
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