Apple, Samsung and Huawei led premium smartphone sales throughout 2018

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The iPhone XS Max & Huawei Mate 20 Pro

The global smartphone market shrunk by around 2% last year according to data gathered by Counterpoint Research. But as revealed in their latest report, the premium smartphone segment actually grew by a significant margin.

Throughout the entire year, sales of smartphones valued at $400 or higher grew by a very respectable 18%. This growth was driven primarily by Apple and Samsung who, when combined, accounted for a whopping 73% of all sales. Huawei also experienced strong year-on-year growth …

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