Samsung Dethrones Apple as Top Smartphone Maker, Eyes Vietnam Expansion Amidst Global Shifts

April 16, 2024
Samsung Dethrones Apple as Top Smartphone Maker, Eyes Vietnam Expansion Amidst Global Shifts
  • Samsung has surpassed Apple to become the world's largest smartphone manufacturer, with 60.1 million units shipped in the first quarter of 2024.

  • Global smartphone shipments have grown by nearly 8%, representing the third consecutive quarter of growth.

  • Apple's iPhone shipments fell by 9.6%, partly due to challenges in China, where it faces stiff competition.

  • In response to these challenges, Apple CEO Tim Cook is increasing the company's commitment to Vietnam, with existing investments of $15.84 billion and 200,000 jobs created.

  • Cook announced record revenues in India and is currently visiting Vietnam to engage with students, content creators, and users, emphasizing strengthening local ties.

  • Amidst growth, Apple is urged to address the detention of climate experts in Vietnam, highlighting the interplay between corporate responsibility and manufacturing interests.

Summary based on 70 sources


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