Apple Loses Top Phonemaker Spot to Samsung as iPhone Shipments Drop, IDC Says 

A worker waters a flower bed next to the logo of Samsung Electronics during a media tour at Samsung Electronics' headquarters in Suwon, South Korea, June 13, 2023. (Reuters)
A worker waters a flower bed next to the logo of Samsung Electronics during a media tour at Samsung Electronics' headquarters in Suwon, South Korea, June 13, 2023. (Reuters)
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Apple Loses Top Phonemaker Spot to Samsung as iPhone Shipments Drop, IDC Says 

A worker waters a flower bed next to the logo of Samsung Electronics during a media tour at Samsung Electronics' headquarters in Suwon, South Korea, June 13, 2023. (Reuters)
A worker waters a flower bed next to the logo of Samsung Electronics during a media tour at Samsung Electronics' headquarters in Suwon, South Korea, June 13, 2023. (Reuters)

Apple's smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research firm IDC showed on Sunday.

Global smartphone shipments increased 7.8% to 289.4 million units during January-March, with Samsung, at 20.8% market share, clinching the top phonemaker spot from Apple.

The iPhone-maker's steep sales decline comes after its strong performance in the December quarter when it overtook Samsung as the world's No.1 phone maker. It's back to the second spot, with 17.3% market share, as Chinese brands such as Huawei gain market share.

Xiaomi, one of China's top smartphone makers, occupied the third position with a market share of 14.1% during the first quarter.

South Korea's Samsung, which launched its latest flagship smartphone lineup - Galaxy S24 series - in the beginning of the year, shipped more than 60 million phones during the period.

Global sales of Galaxy S24 smartphones jumped 8%, compared to last year's Galaxy S23 series during their first three weeks of availability, data provider Counterpoint previously said.

In the first quarter, Apple shipped 50.1 million iPhones, down from 55.4 million units it shipped same period last year, according to IDC.

Apple's smartphone shipments in China shrank 2.1% in the final quarter of 2023 from a year earlier.

The drop underscores the challenges facing the US firm in its third biggest market, as some Chinese companies and government agencies limit employees' use of Apple devices, a measure that mirrors US government restrictions on Chinese apps on security grounds.

The Cupertino, California-based company in June will hold its Worldwide Developers Conference (WWDC), where it will highlight updates to the software powering iPhones, iPads, and other Apple devices.

Investors are closely watching for updates on artificial intelligence development at Apple, which has so far spoken little about incorporating the AI technology into its devices. The company earlier this year lost the crown as the world's most valuable company to Microsoft.



Google to Open Second Data Center in Latin America, to Invest Over $850 Mln 

The president of Google Cloud for Latin America, Eduardo Lopez, participates in the inauguration of the Google Data Center works, on the premises of the Science Park, in Canelones, Uruguay 29 August 2024. (EPA)
The president of Google Cloud for Latin America, Eduardo Lopez, participates in the inauguration of the Google Data Center works, on the premises of the Science Park, in Canelones, Uruguay 29 August 2024. (EPA)
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Google to Open Second Data Center in Latin America, to Invest Over $850 Mln 

The president of Google Cloud for Latin America, Eduardo Lopez, participates in the inauguration of the Google Data Center works, on the premises of the Science Park, in Canelones, Uruguay 29 August 2024. (EPA)
The president of Google Cloud for Latin America, Eduardo Lopez, participates in the inauguration of the Google Data Center works, on the premises of the Science Park, in Canelones, Uruguay 29 August 2024. (EPA)

Alphabet's Google said on Thursday it will open its second data center in Latin America in the Uruguayan city of Canelones and invest more than $850 million in it.

Google opened its first data center in Latin America in Quilicura, which is near Santiago, the capital city of Chile, in 2015. It invested an initial amount of $150 million in the data center and spent an additional $140 million in 2018 for expansion.

"We hope our new data center in Canelones will be a significant contribution to the professional and technological development of Uruguay and the entire region," Google said in a blog post.

Reuters reported on Thursday that Google is considering building a "hyperscale" data center close to Ho Chi Minh City in Vietnam and that the center would be ready in 2027.

In April, Google announced a $3 billion investment to set up a data center campus in Indiana and expand sites in Virginia. Google also said in May that it will invest $2 billion in Malaysia to develop its first data center and Google Cloud region in the country.