iPhone 5 fails to boost Apple's market share in China Lenovo became one of the world's top five smartphone vendors because of high shipments in China IDG News Service - Despite the launch of the iPhone 5 in December in China, Apple's smartphone market share in the nation barely grew during last year's fourth quarter, according to research firm Canalys.
The company remained the sixth largest smartphone vendor, a position it held in the third quarter. Its market share increased to 8.5% in China in the fourth quarter, up 0.5% from the previous quarter, said Canalys analyst Nicole Peng on Friday.
In contrast, competitor Samsung took the top spot, with a 16% market share, followed by Chinese vendors, Lenovo, Yulong Computer Telecommunication Scientific, Huawei and ZTE.
Although Apple's iPhone 5 has been selling well, its impact on the company's market share has been blunted by the booming growth in China's smartphone segment as a whole, Peng said. During the quarter, smartphone shipments reached 65 million units, with the growth driven by low-end handsets, some of which are priced at 500 yuan ($79).
More at: computerworld.com
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