According to the most recent statistics shared by market researcher Strategy Analytics on Thursday, South Korean electronics giant Samsung has topped US tech biggie Apple to grab the top spot in global mobile phone shipments during the 2012 first quarter.
Going by the statistics put forth by Strategy Analytics, Samsung's 2012 first-quarter share of the overall mobile phone market stood at a highly notable 30.6 percent, thus marking a substantial increase over the company's share of
12.2 percent during the same quarter last year.
Revealing that Samsung's global smartphone shipments in 2012 first quarter witnessed a staggering 253 percent increase annually, Strategy Analytics said that the growth of the company was largely fuelled by its Galaxy line of devices.
In comparison, Apple's overall mobile phone market share during the first quarter last year was 18.1 percent - which, at that time was bigger than Samsung's share -, and it increased to 24.1 percent during the mentioned quarter this year; thereby yielding the top spot to Samsung.
As per Strategy Analytics' data, the overall global shipments of smartphones witnessed a 41 percent annual increase, reaching up to 145 million units in the first quarter this year; with over 50 percent of the shipments being contributed by Samsung and Apple combined.
Noting that "Samsung and Apple are outcompeting most of their major rivals," Strategy Analytics Executive Director Neil Mawston said in a statement that the "smartphone market is at risk of becoming a two-horse race."