Supply Squeezed Samsung Q2 Smartphone Growth: Omdia

Samsung’s “mild growth” in smartphone shipments in Q2, growing 5.6% to 57.3 million, was due to supply constraints of key components and reduced operations at production facilities due to the spread of the delta variant of COVID-19 in India and Vietnam, said Omdia Thursday. The global smartphone market grew 6.9% year on year to 299.1 million units, said the research firm. First-half shipments were up 17.4% to 651.8 million vs. the first six months of 2020, it said. Xiaomi took No. 2 for the first time, shipping 49.9 million units, a 73% bump, for 17% share. Samsung held No. 1 with 19% share; Apple, with 42.9 million shipments, had 16%, it said, followed by oppo and vivo, each with 11%. In Q3, global smartphone shipments are expected to turn to negative growth vs. the 2020 quarter due to continued supply shortages and reduced demand, said analyst Jusy Hong.