Up to date: Might 7, 2020 1:17:13 pm
World smartwatch shipments reached 13.7 million models within the first three months of this yr, defying a worldwide droop in shopper electronics arenas reminiscent of cell phones. Apple’s share inched up a proportion level to 55.5 per cent, based on Technique Analytics.
The Apple Watch is seen as one of many key progress drivers for the US firm, which has stopped detailing quarterly iPhone shipments because the smartphone market matures. Compal Electronics Inc and Quanta Pc Inc are the Cupertino, California large’s meeting companions for the wearable system, based on GF Securities analyst Jeff Pu.
Technique Analytics notes that Apple achieved its highest market share in two years after delivery 7.6 million models. Samsung Electronics Co was second with 1.9 million and Garmin Ltd rounded out the highest three with 1.1 million.
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“We anticipate international smartwatch shipments to sluggish sharply within the second quarter of 2020, as a result of ongoing Covid-19 pandemic,” stated Woody Oh, a director at Technique Analytics. “Nevertheless, the second half of this yr and past will see a good rebound, as customers worldwide steadily regain confidence and extra retail shops reopen.”
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