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Global smartphone sales recorded its "worst year" in 2018



Global sales of smartphones have seen the greatest contraction in 2018, and the prospects for 2019 are not much better, according to a new market research.

Phone numbers mobile phones sold around the world have dropped by 4.1% in 2018 to a total of 1,400 million units, according to the IDC research firm, which sees potential for further falls this year.

"Around the world the market of smartphones is a disaster at the moment"said the IDC analyst, Ryan Reit.

"From several high growth markets like India, Indonesia, South Korea and Vietnam, we did not see much positive action in 2018. "

Reith said the market is hit by consumers who are waiting for longer to replace their phones, frustrated by the high cost of premium devices and political and economic insecurity.

The Chinese market, which is about 30 percent of smartphone sales, was particularly hit by a 10 percent drop, according to the IDC analysis, released Wednesday.

IDC said the top five Smartphone manufacturers have become stronger and now account for 69% of global sales, compared with 63% a year ago.

Samsung he remained number one producer of telephones with a market share of 20.8%, despite a decline in sales of eight percent a year, IDC said.

IDC said smartphone sales in the fourth quarter dropped 4.9 percent, the fifth consecutive quarter-on-quarter decline.


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