Apple and Samsung capture 50% of global smartphone market

According to AIB Research, Samsung and Apple dominate the smartphone market and together make up for 50% of the global smartphone market. Although smartphone shipments grew 41 percent year-over-year to 144.6 million, as on the quarter ending March 2012, many smartphone OEMs are not enjoying the benefits of a rapidly expanding market. Samsung and Apple captured 55 percent of global smartphone shipments in Q1 2012 and over 90 percent of the market’s profits. Here’s a breakdown of the global vendor shipments for Q1, 2012. All values are in ‘Millions of units’.