BUZZ-Samsung leads smartphone market in 2024, Counterpoint Research says

Reuters

Jan 13, 2025

** Samsung gained top spot with 19% market share, followed by Apple at 18% and Xiaomi at 14% in 2024, Counterpoint Research says

** Shares of Apple down 1.3% at $233.90 premarket; report says AAPL's iPhone 16 series was met with a mixed response, partly due to a lack of availability of Apple Intelligence at launch

** "iPhone sell-through was down, but consumers are pivoting to Apple's ultra-high end, helping to offset some of the declines," Ivan Lam, senior analyst at Counterpoint Research says

** Smartphone market recovers in 2024 after two years of decline - report

** Xiaomi grew fastest among the top five brands in 2024, helped by its portfolio realignment, premium push and aggressive expansion activities - report

** The top 5 remained the same as in 2023 but lost some share to aggressive competition from Huawei , HONOR and Motorola - report

** Counterpoint Research says it expects nine out of 10 smartphones priced above $250 to be GenAI-capable by 2028

(Reporting by Jaspreet Singh in Bengaluru)

((Jaspreet.Singh@thomsonreuters.com ; ))

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report says AAPL's iPhone 16 series was met with a mixed response, partly due to a lack of availability of Apple Intelligence at launch</p><p>   ** \"iPhone sell-through was down, but consumers are pivoting to Apple's ultra-high end, helping to offset some of the declines,\" Ivan Lam, senior analyst at Counterpoint Research says</p><p>   ** Smartphone market recovers in 2024 after two years of decline - report</p><p>   ** Xiaomi    grew fastest among the top five brands in 2024, helped by its portfolio realignment, premium push and aggressive expansion activities - report</p><p>   ** The top 5 remained the same as in 2023 but lost some share to aggressive competition from Huawei   , HONOR and Motorola - report</p><p>   ** Counterpoint Research says it expects nine out of 10 smartphones priced above $250 to be GenAI-capable by 2028</p><p> (Reporting by Jaspreet Singh in Bengaluru)</p><p>((Jaspreet.Singh@thomsonreuters.com ; ))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999014542.SGD","symbol_name":"United Income Focus Trust Acc SGD","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2503837990","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503837990","pubTimestamp":1736763797,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"** Samsung    gained top spot with 19% market share, followed by Apple    at 18% and Xiaomi at 14% in 2024, Counterpoint Research says   ** Shares of Apple    down 1.3% at $233.90 premarket; 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report says AAPL's iPhone 16 series was met with a mixed response, partly due to a lack of availability of Apple Intelligence at launch   ** \"iPhone sell-through was down, but consumers are pivoting to Apple's ultra-high end, helping to offset some of the declines,\" Ivan Lam, senior analyst at Counterpoint Research says   ** Smartphone market recovers in 2024 after two years of decline - report   ** Xiaomi    grew fastest among the top five brands in 2024, helped by its portfolio realignment, premium push and aggressive expansion activities - report   ** The top 5 remained the same as in 2023 but lost some share to aggressive competition from Huawei   , HONOR and Motorola - report   ** Counterpoint Research says it expects nine out of 10 smartphones priced above $250 to be GenAI-capable by 2028 (Reporting by Jaspreet Singh in Bengaluru)((Jaspreet.Singh@thomsonreuters.com ; ))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}