January 28, 2014
Global smartphone shipments top one billion 'milestone'
According to market research firm IDC, 1.004 billion smartphones were shipped last year, marking a 38.4% increase from the previous year.
South Korea's Samsung accounted for the bulk of that figure, followed by Apple and China's Huawei.
Smartphones made up more than half of the 1.8 billion mobile phones sold.
IDC said this was the first time more than one billion smartphone units were shipped in a single year.
"Among the top trends driving smartphone growth are large screen devices and low cost," said Ryan Reith, program director with IDC's Worldwide Quarterly Mobile Phone Tracker. "Of the two, I have to say that low cost is the key difference-maker.
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