Samsung takes more smartphone market share from Apple
(Reuters) – Samsung Electronics Co Ltd grabbed more smartphone market share from archrival Apple Inc in the latest quarter, with sales of its phones jumping to account for one third of the global market. Sales of the iPhone 5 helped Apple’s volumes grow 6. 6 percent to 37. 4 million phones in the quarter from a year earlier, but that was not enough to stop its share of the market dropping to 17. 3 percent from 23 percent, research firm IDC said. A flood of cheaper Android-powered devices from the South Korean maker lifted its shipments about 60 percent to 70. 7 million, giving it a 32. . . .
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