Apple iPhone Is Lone Bright Spot in Gloomy Quarter for Smartphones
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Apple Inc. was alone among the world’s top five smartphone vendors to register growth in the third quarter this year.
Apple Inc. was alone among the world's top five smartphone vendors to register growth in the third quarter this year as the mobile market suffered a double-digit decline. Global leader Samsung Electronics Co. slumped 8% to 64 million units in the three months ended September, while Chinese vendors Oppo and Vivo were each down at least 20%, according to the latest data from Canalys and Counterpoint researchers. Weak demand in China, which Samsung called out as a major drag on its sales of phone components this week, has weighed on the industry this year. Xiaomi Corp. weathered the hit better than its compatriots because of its wider international presence, t...